Has anyone received the 4615 pullback? Did you eat meat? If the meat is right in front of you and you still won't eat it, then there's really nothing that can be done. Eating meat is really simple! Are you stuck? Don’t know when to enter the market? What are you waiting for? #美国7月PPI年率高于预期

Last night at 20:30, the U.S. PPI data was released, and inflation pressures exceeded expectations! The market reacted violently—ETH instantly entered waterfall mode, plummeting from $4,740 straight through the $4,500 support, hitting a low of $4,450, evaporating nearly $300 in half an hour, leaving leveraged long positions devastated.
But the bulls did not give up! After the crash, funds quickly bought the dip, and at 22:20 the price surprisingly rebounded strongly to a high of $4,700, resulting in a miraculous V-shaped reversal! Just as the market took a breath, Fed official Musallem's speech dealt a fatal blow to the bulls:
"A 50 basis point rate cut does not align with current economic data" (directly shattering the fantasy of a significant rate cut in September)