Ethereum buyers deploy $1B on Binance at $2,300 despite hawkish Fed

$1B in market buys hit Ether within an hour after $2,300 broke. Aggressive bids appeared even as the Fed held rates and warned on inflation.

On the break below $2,300, Binance Taker Buy Volume jumped above $1B in sixty minutes. OKX showed nearly $20M in buys over the same period. CryptoQuant attributes the spike to high‑conviction participants acting fast, not momentum chasers.

The macro backdrop was hawkish. The Fed held 3.5%–3.75% and flagged short‑term inflation risks from higher energy prices. The $1B was deployed with that message live. Source.

The correction from above $2,450 is about 10%. Order‑flow data shows buyers viewing $2,300 as opportunity, not capitulation.

Ethereum trades near $2,260. Price sits between short‑term support and medium‑term indecision. Base formed at $1,800–$2,000 after early‑Feb capitulation. Recovery stalled under $2,350–$2,450, with repeated rejections.

ETH remains below the 200‑day MA, still sloping down. Price compresses between the 50‑ and 100‑day MAs. Volume faded across the rebound, fitting consolidation rather than accumulation.

Key levels for traders:
- Break below $2,200–$2,250 exposes $2,000 again.
- Reclaim $2,400 is needed to invalidate the lower‑high and shift momentum.

Context and order‑flow: CryptoQuant Quicktake by Darkfost.
DeFi backdrop: NewsBTC on Aave deleveraging.