ETH Soars to New All-Time High Near $4.8K After Powell’s Jackson Hole Remarks — Traders Eye $4.2K Support & September Fed Meeting

At the Jackson Hole Central Bank Symposium, Federal Reserve Chair Powell reiterated a data-dependent approach to monetary policy, noting the balance of risks and that policy is not predetermined ahead of the September meeting. Markets reacted by pricing in evolving expectations for interest rates, with attention shifting to the trajectory of the U.S. dollar and Treasury yields. In the crypto market, ETH recorded a fresh all-time high, approaching the upper supply/liquidity band around 4.70–4.80K, while liquidation clusters and support were observed near 4.5K, 4.20–4.35K and ~3.75K. BitUnix analysts advise disciplined medium-to-long-term allocation, risk budgeting, and avoiding emotional chasing in high-liquidity zones while monitoring macro prints and funding conditions.