Last night the Federal Reserve personally slaughtered ETH! An 8% crash is just an appetizer; the fortress at $2444 lies in ruins—Crow Brother: all retail investors buying the dip are living sacrifices for the whales!
The ETH crash revelations: when the torrent of U.S. debt overwhelms the crypto ark.
Only when the tide of risk aversion recedes do we know who is swimming naked; when the floodgates of U.S. debt are fully opened, we understand who the real gold is.
Last night ETH experienced free fall, plummeting over 8% during the day, and the key support at $2444 was breached like paper. As a trader who witnessed this storm, I smelled the sour stench of market panic—the red light of liquidation orders on exchanges reflected on my face, reminiscent of the suffocating night before last year's LUNA collapse.
Triple strangulation: the perfect storm of ETH's crash.
News nuclear explosion.
Unlimited U.S. debt shockwave: the U.S. Treasury suddenly hinted last night 'considering removing the debt ceiling,' causing treasury yields to surge. On-chain data I monitor clearly shows: over 23,000 ETH withdrew from DeFi pools in just one hour, institutional players are frantically cashing out for dollars.