At three o'clock in the morning, the interest rate cut arrived as expected. Most people anticipated a violent market surge, and the market did not disappoint, with ETH briefly breaking through the 3400 resistance level, creating a strong bullish atmosphere. However, shortly after, the market turned sharply downwards, falling to around 3165 in the morning, causing many followers who chased the rise to be caught, some even facing liquidation.

The market did not move in one direction; the deep pullback after the baiting of bulls is a typical cleaning tactic by the main forces. Currently, market sentiment is relatively bearish, but there are signs of support near key levels, so blindly cutting losses is not advisable. If you still have positions, consider adding to them in batches at key locations to lower the average price and wait for a rebound; if you have already been liquidated, you need to calmly review the situation and avoid heavy chasing in and out.

Trying to hold on alone can easily lead to a collapse of mindset. You don’t know the direction of the market, which can be very blind; cutting losses makes you fear missing out on a rebound, while not cutting makes you worry that the market will continue to drop and lead to liquidation. The market always creates opportunities amid fluctuations; being caught is not the end, but the starting point for re-evaluating strategies. More specific position responses and point planning need to be designed individually based on personal holdings and risk preferences. You can come to chat with me in the chat room.

The market changes rapidly; only by maintaining the rhythm can you wait for dawn. Wealth does not enter through hasty doors; making money in the cryptocurrency circle relies on knowledge and patience, not shortcuts or luck! Follow Hongcai and participate in every attack of Hongcai! Hongcai will announce specific entry times and real-time news every day at Caishen's home! #加密市场反弹