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Texas has technically won a round politically, with all six candidates securing victory.
But looking at the chart, $ETH 1993.6, down 4.44%, this money is burning brightly, while the candlestick chart is cold and quiet.
The holders are staring at the floating loss numbers, not even wanting to eat breakfast.
Those who didn't get in have avoided a cut, but watching this decline makes their hearts race.
On one side, the account has shrunk by 4.44%, on the other side, they are relieved they didn't enter the market—this contrast is quite ironic.
From 2,097.39 to 1,967.71, this wave of decline was quite aggressive.
Trading volume is 331.13 million, and selling pressure hasn't eased at all.
Funding rate data is unavailable, but market sentiment is obvious—the bears are in control, panic is spreading, and it feels like the chips haven't been washed out yet.
$ETH 1993.6, down 4.44%, $XRP 1.29, down 2.88%.

📢 Gate Plaza | 5/28 Hot Topics: #24h加密合约清算破4亿美元
Last night, geopolitical tensions suddenly escalated, with the U.S. military attacking southern Iran and the White House denying that the U.S. and Iran reached a memorandum, causing a double negative impact that triggered market panic and a sharp plunge late at night, with Bitcoin briefly falling below $74,500! Data shows that the total liquidation across the network surged to $407 million in the past 24 hours, with nearly 100k people forcibly liquidated. How have your recent trades been?
🎁 Share your trades for a chance to win 5 lucky draw winners with a $1,000 position experience voucher!
💬 This week's discussion:
1️⃣ How have your recent trades been? Share quickly!
2️⃣ Should you buy the dip or hold your position at this stage? Show off your strategy!
Share now: https://www.gate.com/post
📅 Deadline: 5/30 18:00 (UTC+8)