ETH's wick this time was brutal! Are the long brothers still holding on?

Trump looked exhausted at the White House Cabinet meeting early this morning. The Fed chair candidate has basically been decided, and the final interview round was canceled. The market instantly became tense.

What's even worse is that tonight's ADP employment data came in negative. With this bearish news hitting the market, and the big NFP missing this week, the small NFP data has instead become a key reference for the Fed's decision. From this perspective, is the window for a dovish rate cut about to open?

Honestly, this pullback might just be the buildup before the next surge. That's how the market works—when it drops hard, the rebound is just as swift.