#美联储降息 Ethereum once again presents a wave of short-selling opportunities, with a significant range.

The day before yesterday, before the US stock market opened, $ETH indeed provided many with a shorting window. The underlying logic is not complicated—after the Federal Reserve announced a rate cut, the hot money speculating on expectations began to withdraw, and cryptocurrency ETFs also experienced continuous outflows. Additionally, some regional central banks have recently been raising interest rates. When these factors stack up, the recent market pressure becomes evident.

$ACE and $PYR have both shown weak performance in the past couple of days, with the mainstream trend still leaning towards high-altitude shorting. From the intraday trend, market participation has slightly declined.

The question now is: how to respond? In the short term, it’s still necessary to wait for clear directional signals. The Federal Reserve’s policy stance, ETF capital flows, and the attitude changes of central banks around the world are key points to observe. As long as these remain uncertain, caution is never wrong.