The Plunge Triggered by the News All market movements are event-driven. Thinking about it now, this saying is absolutely true. Let’s review yesterday’s market action. Bitcoin and Ethereum fluctuated downward throughout the morning, then began a wick-like plunge in the evening. Two important pieces of news emerged in the meantime. First, the Federal Reserve announced that it may raise interest rates once more this year. Every rate hike has led to a plunge in Bitcoin and Ethereum, and the early release of this news dealt a major blow to sentiment across the entire market. Another key piece of news was Vitalik’s speech at the 2049talking conference. AI will replace traders within two years, all trading software and mini-programs will be eliminated, and on-chain trading will not become absolutely secure. Has this market downturn eased? Is this a rebound or a reversal? Has Ethereum entered a bear market? Leave your answer in the comments.

Today’s market is in a consolidation phase, with intensified bulls-versus-bears trading. Avoid chasing highs in the short term; prioritize waiting for a range breakout before taking action. Key levels ✅Support First support: 2475. If this level is retested and finds buying support, it can be monitored; Strong support: 2400. Once it breaks below, the short-term trend will weaken—do not hold on to losing positions. 📌Resistance First resistance: 2530. The first test will likely face selling pressure and pull back; Strong resistance: 2600. Only after holding above this level will bulls open up further upside. ETH is still expected to move above 2500, but the current market rebound is not sustainable. Those stuck in positions should look for opportunities to exit.#BTC回调触及81000美元 #美国政府地址32小时转出6.7亿美元加密资产