Heavy Warning! The dealer's slaughter knife is out, tonight the cryptocurrency market may either soar to wealth or face a bloodbath!

1. Technical Risks Abound

The five-minute chart plummeted from 2646 to 2565, with the MACD death cross like a sharp blade severing the bulls' lifeline. If the weekly support at 2550 breaks, a wave of liquidations will trigger a chain reaction of declines, targeting the abyss at 2450. The daily 'shooting star' and KDJ death cross indicate a drop of at least 200 dollars.

2. ETH/BTC Exchange Rate Crisis

The exchange rate is stuck at the 0.024 mark, if it falls below 0.02, altcoins will be severely impacted. On-chain monitoring shows that a whale aggressively dumped 2.8 ETH three hours ago, and the perpetual funding rate has soared negative, with bears lurking.

3. Major Events Triggering Risks

At 20:30, U.S. PPI data surged, expectations for Fed rate cuts evaporated, and a plunge in U.S. stocks will drag down ETH. If the Fed's meeting minutes mention 'delayed rate cuts' in the early morning, the dealer will take the opportunity to bloodbath the market. Ethereum ETF approval is further delayed, and institutional premium funds may collapse at any moment.

4. Dealers Concealing Their Cards

Over 400 million stop-loss orders are piled up between 2550-2580, the dealer must target these retail investors! Be cautious when buying the dip, increase positions by 10% for every 50-dollar drop below 2550, and keep the position no more than 50%. The short-term key is at 2600, only daring to push to 2650 if there is a volume breakout; if pushed back, immediately chase short with a 50-dollar stop loss to lock in profits.

5. Altcoin Alarm

If ETH collapses, altcoins will at least be halved, and meme coins should quickly switch to mainstream assets.

Final Advice: Tonight could either lead to wealth or liquidation, the dealer's scythe is already resting on the neck! Trading motto — PPI skyrockets, go short quickly; ETF delays, dump aggressively; if 2550 breaks, be absolutely ruthless!