#美联储降息 Last night, the Ethereum market movement was quite well-timed. The short position setup in the 3180 to 3220 range seemed accurate—price directly dropped to 2988, exceeding the expected target by a lot. The short-selling strategy was ultimately proven correct.

$ETH

The market's sharp decline indeed reflects the current weak market environment. The Federal Reserve's rate cut expectations may also be subtly influencing the overall sentiment of the crypto market. At such times, it all depends on who can grasp the direction and seize the opportunity steadily.