Last night's market was indeed thrilling!! What does it mean that there may be a rate cut and there may not be a rate cut? What does it mean that we cannot ignore the tariff issue, so no rate cut? They are all language artists!!

The US stock market opened strong as expected, but then a piece of news about 'the US plans to strengthen export restrictions on semiconductor technology to China' directly triggered a plunge in technology stocks and the crypto market. It can be said that this sell-off was too sudden, and the logic behind it is very clear — the friction between China and the US in trade and technology has intensified again, coupled with the Fed's ambiguous stance, which is not in a hurry to cut rates, adding fuel to market sentiment.

The situation in the Middle East is also a major hidden danger, and the instability of geopolitical factors is rapidly raising risk aversion.

Last night, with 24,721,976,834 ETH long positions at 2500, I didn't expect that the sudden washout would directly leave me feeling very cold; the main position is still holding, with the forced liquidation point around 2240, which is currently temporarily safe. Many brothers had to cut losses after 60 points out of the wash (we have always emphasized position management; in this predatory market, we can only feel safe if we manage our positions well; no one can always make money, we can only do our best to avoid risks). Overall, this wave of ETH long positions exploded more than $400 million within 24 hours, and the chips have been washed out quite a bit.

However, the market is gradually stabilizing now, and as we enter the weekend, it is normal for volatility to slow down, so don't lose heart. Our internal circle entered long positions again at 2415 (ETH has reached a key support level, this position is suitable for speculation, with a good risk-reward ratio), reduce positions to take profits near 2500, and then focus on the breakthrough opportunities at 2530. In a word, all unexpected bad news is just a washout; around 2400 and below, buy boldly, and sell slowly in batches above 2500.

As long as we endure this current high-pressure geopolitical period, once the situation in the Middle East eases slightly and the Fed's policy direction becomes clear, BTC is very likely to rise strongly again.

This wave is painful, but it also leaves us space for the next opportunity; don't let short-term volatility disrupt your rhythm; the market ultimately rewards those who are patient. 53,624,423,187 69,160,708,240 48,426,655,584 80,872,812,240