$ETH Last night, Ethereum plummeted, and after the opening of the US stock market, it continued to decline without looking back. Now we can see that the rate of decline has clearly accelerated since the interest rate cut. It takes a long time to rise, but only an hour to fall. In the segment marked with a red circle, it is evident that both the highs and lows are decreasing. However, on the blue line side, the bottom is still continuously rising. Given this rate of decline, the bullish trend will soon be broken. Personally, I tend to be bearish, and I plan to gradually lay out short positions in the range of 3120-3150, aiming to see around 2980.

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