The crypto market is once again experiencing a slaughtering trend, with $180 million long positions wiped out in one hour!

Originally, everyone was hoping the Federal Reserve would cut interest rates to boost the market, but the policy directly reversed course, not only not cutting rates, but officials also plan to raise rates by the end of the year. Risk-averse funds are fleeing from the US stock market, and Bitcoin and Ethereum are falling sharply along with it.
In one night, contracts worth over fifty thousand dollars vanished into thin air, and many investors who chased the rally and went long saw their principal wiped out.

Bitcoin’s 62,600 is a short-term lifeline, and Ethereum’s 1,580 support can’t hold and may fall further.

The market is highly volatile; don’t open leverage recklessly. Staying alive is more important than short-term profits. Wait for stabilization signals before taking action. #我的Gate交易时刻 #沃什首秀美联储利率不变 #BTC #ETH $BTC $ETH