Anything that increases too quickly and strongly must then adjust or reverse downward, which is essential!

$ETH is no exception, with continuous long FOMO and dip buying, and signs of profit-taking from big players (good news keeps coming out but the price is no longer breaking the peak)

I still hold a portion of $ETH, because the interest rate cut story is still ongoing:

- Firstly, the FED still cannot finalize the next interest rate cut this year - the likelihood is high for September, but many factors still need to be considered.

- By the end of the year, as the FED chairman's term is ending, Trump and the new FED chairman candidates will be free to dance and make promises, reducing interest rates and easing credit for the FOMO crowd.