Why did ETH crash just now, dropping to 1900? What should we do at this moment?
Answer: I need to travel through time to find the answer for my brothers. I will copy the text and image from 3 AM on March 27.
"Short positions have not stopped yet!"
"Tomorrow is the release day for the PCE data. Currently, the market is being manipulated by a big player taking advantage of the stock market drop and the speech from the Fed's Lael Brainard an hour ago to start building short positions. Although the stock market is about to close, the cryptocurrency market's crash is likely to continue until the news is released tomorrow."
I then found the accompanying image from that time, oh it turns out to be part of the big player's short position from yesterday.
So now, the release of major data has no significance for us; it's just an excuse and means for the big player to manipulate the market. Regardless of whether the data is good or bad, they are determined to crash the market today.
