Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
Prior 1.2%HICP +1.1% vs +1.1% y/y prelimPrior +1.3%Slight delay in the release by the source. Core annual inflation is seen slowing down from 1.9% to 1.7% in November, so that’s something to at least take note of. That said, the sticking point for inflation for the ECB is still very much the German economy at this point. So, that’s going to continue to keep them boxed in the current position of not moving on rates.As things stand, traders are not anticipating any major moves by the ECB even through to next year. That being said, things can still change depending on data developments in the months ahead. But for now, the outlook seems to be clear that the ECB won’t be afforded much room to make another move in terms of rate cuts. And policymakers are also of the same view with markets at the very least, even if they would like some added flexibility as an option.EUR/USD trades at 1.1753 currently, having little to do on the day amid a more mixed PMI showing with little to offer before we get to the slew of US data later. Large option expiries at 1.1750 will continue to keep things in check, acting as a magnet for price action in European trading at least.
This article was written by Justin Low at investinglive.com.
💡 DMK Insight
Core inflation slowing to 1.7% is a mixed bag for ETH traders right now. While it signals potential easing from the ECB, the current ETH price at $2,945.17 suggests traders are still cautious. If inflation continues to decline, we might see a bullish trend in crypto as liquidity increases. However, keep an eye on the ECB’s next moves; any hint of tightening could send ETH tumbling. Watch for key support around $2,900 and resistance at $3,000. If ETH breaks above that resistance, it could trigger a wave of buying, but a failure to hold above $2,900 might lead to a sell-off. The real story is how this inflation data could ripple through related markets, especially if it impacts risk sentiment. Institutional players might react differently than retail, so monitoring their positions could provide insights into future price movements.
📮 Takeaway
Watch ETH closely; a break above $3,000 could signal a bullish trend, while failure to hold $2,900 might trigger a sell-off.
