$ETH Is it a total crash, or just a deliberate shakeout??? Not investing in Beijing, Shanghai, and Guangzhou with money, but falling into Ethereum when in trouble!!! These past two days, the second wife has been panicking, bouncing around near 2280, dropping 2 points in a single day. Market trend: bears are completely dominant, the decline is very sharp, trying to rebound but lacking strength. The overall trend has weakened, and all the support levels that previously held the market have been broken. The Federal Reserve Chair is about to change, and the future direction of monetary policy is full of uncertainty. Expectations of tightening market liquidity continue to rise, directly suppressing cryptocurrencies. Currently, US stocks are forcibly pushing higher, with valuations seriously inflated and bubbles continuously piling up, posing a risk of a sudden crash and pullback. Once US stocks plunge sharply, global risk assets will collectively come under pressure, and ETH will inevitably follow downward. Although there hasn't been a sharp drop in the market at this stage, it remains in a volatile downward pattern, seeming unmovable but actually slowly bottoming out and weakening. Today is options expiration day, and also Black Friday, plus Ethereum's recent pullback has already tired out the bulls, while bears will continue to exert force. The downward momentum today is increasing. #Gate广场五月交易分享 #比特币跌破8万美元