#ETH走势分析 $ETH $BTC $DOGE

Recently, two market signals are worth analyzing separately—on-chain data and policy factors are starting to resonate.

First, let’s talk about on-chain activity. When Ethereum dropped below $2,700 yesterday, the well-known whale "Maji" directly scooped up $8.8 million worth. More importantly, in the past 2 hours, ETH balances on major exchanges have plummeted by 2,300 coins. This pace of outflows from existing holdings usually means that large funds are building positions at low levels, and market liquidity is gradually being locked up.

Now for the macro side. The Fed has already hit pause on quantitative tightening, and market expectations for a December rate cut have now risen to 89%. But what's truly interesting is the personnel change—the probability of Hassett taking over as Fed Chair has soared to 86%. He previously served as an advisor to a compliance platform and personally holds over $1 million in COIN shares. If he takes office, the policy bias toward the crypto market could exceed expectations.

With these two clues combined, the coming price action might be even more aggressive than most people expect.