$ETH Powell's decisive statement, ETH is bleeding!
In the early hours of June 21, Federal Reserve Chair Powell made a significant statement:
There is no rush to cut interest rates, and the inflation risks brought by tariffs cannot be ignored. This is not an empty phrase but a direct death sentence for the cryptocurrency market!
ETH crashed first, hitting a low of 2363. Coinglass heat map shows a liquidation intensity of 47.31 million at 2433!
In just a few hours, shorts dealt a fatal blow, slaughtering the entire market.
As soon as the news broke, the market sentiment dominated everything; the only strategy is — to cut losses in time, prioritize survival!
The market rhythm is a typical “first kill the longs, then kill the shorts, the operators harvest both sides' investors.”
If you can't understand the heat map and can't grasp the impact of news on market rhythm, really don’t stubbornly hold on, struggling in vain, losing everything.
Not cutting interest rates when it should, not cutting losses when it should — what you lose is not money, but understanding!
As the market has reached this stage, it is no longer suitable for reckless heavy positions; what is needed is strategy + judgment + execution.
