Two heavyweight pieces of news, tonight won't be calm.

Key Point 1: This morning the tariffs saw a huge positive development, China is willing to start talks with the U.S., and the cryptocurrency market and U.S. stock futures surged by 5%. Plans can't keep up with changes, unexpected good news. However, as we mentioned yesterday, ETH would see a small rebound near 1750, and that level was accurate; it indeed rebounded, but this rebound was somewhat excessive due to the positive news. For those holding spot or long positions who haven't exited yet, it may be wise to take some profits.

Key Point 2: The Federal Reserve is meeting tonight, with results announced at 2 PM and Powell starting to speak at 2:30 PM. The result in May indicated a 100% chance of no interest rate cut, and the main focus of the meeting will be Powell's outlook for June at 2:30 PM. Will there be an interest rate cut in June? Powell's words represent the uncertainty of the market.

Currently, based on interest rate market data, Powell suggests a 70% probability of no rate cut in June and a 30% probability of a rate cut, so the likelihood of a negative outcome is relatively high, but not 100%. I believe we can take advantage of the currently good high point to exit and adopt a wait-and-see approach for risk management. If you're really keen on betting, you can go for low leverage short positions; the risk-reward ratio is still decent. Don't forget to pay attention to this channel, I will provide timely updates tonight~