The cryptocurrency market surged in anticipation of the Federal Reserve's interest rate cut announcement.
Historical data shows that Ethereum has experienced significant gains in the fourth quarter after previous Bitcoin Halving events.
Despite recent price fluctuations and lower support levels, an analyst identified a 'triple bottom' formation on the ETH/USDT daily chart, suggesting a potential rebound.
Key levels to monitor for Ethereum include the $2,260 support level and the $2,350 resistance level.