This wave of market movement is quite fierce. Ethereum has been sliding from yesterday's high point, dropping more than 300 points, and the recent trend has been like a cliff. The bulls are now definitely walking a tightrope on the edge of losses.

Fortunately, I timely positioned myself with short positions earlier, which earned over $200 in profit from this wave, providing some peace of mind. The next key factor will be the interest rate hike in Japan—once the news drops, market sentiment will immediately react. Whether the market continues to decline or rebounds will likely depend on the upcoming market performance. The community's discussions should provide more clues.