$ETH Ethereum 1803, unprecedented sell-off before the May 7 upgrade
Every time it's like this: the best news is always accompanied by the harshest sell-off.
Last year on the day the Federal Reserve cut interest rates, BTC dropped 10,000 points;
On the day Trump took office, BTC dropped 10,000 points;
This time it's ETH's upgrade, resulting in a drop across altcoins.
Good news has become a signal for cutting losses, it's consistently the opposite.
Perhaps, the true rule of this market is: it's not the news that drives the market, but the news that conceals the direction.
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