Yesterday's sharp drop made everyone a bit anxious😰

ETH surged from 5000 to 4400, dropping 600 points in a single day, but the reasons are mainly due to three combined black swan events:

1️⃣ BTC whale dumping——Although it caused a short-term drop, as long as MicroStrategy continues to buy, this 2 billion capital is actually not that large, it just needs time to digest.

2️⃣ Federal Reserve board member fired by Trump——This person was dismissed for opposing interest rate cuts, and the market interpreted it as an increased probability of rate cuts, leading to a wave of market reactions.

3️⃣ Tonight's Federal Reserve meeting——Increased uncertainty.

Overall, the market seems to be a bit overly panicked, and ETH is still promising in the long run📈

Buy ETH at lower levels, with a target range of 4300–4400, and just hold it patiently.