ETH ‘god candle’ emerges amid Fed rate cut hopes: Is $6K Ether next?

Rising spot ETF demand, extremely strong technicals and a supply shortage could push ETH price to $6,000 before the end of 2025.

Key takeaways:

ETH surged 13% on Friday after Federal Reserve Chair Jerome Powell’s dovish Jackson Hole speech hinted at an interest rate cut in September.

Onchain and technical indicators signal Ether’s potential to hit $6,000 in the short term.

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