CryptoWorld News: Ma Ji Huang Licheng has reduced his long position on ETH, decreasing by 2,000 coins, approximately $4.74 million. Currently, the holdings amount to $26.9376 million, with an average price of $2,324.97, and a current profit and loss of -$962,127.81, with a loss ratio of -89.29%. The current ETH price is $2,244.79, and the liquidation price is $2,230.53. This trader previously profited from blue-chip NFTs, but since October last year, his funds have shrunk from over a hundred million to several hundred thousand dollars.

This wave is the Federal Reserve not cutting interest rates + the hawkish expectations materializing, and the market is voting with its feet. Bitcoin's 15-minute chart directly broke through the lower Bollinger Band, crashing from 77,800 all the way down to around 75,200. Trading volume exploded, and the bulls were directly suppressed. The high-interest-rate environment locks in liquidity, and this decline is the most direct response. Likely, it will continue to bottom out in the near future, so don't rush to catch falling knives. $BTC $ETH

As I expected, the interest rate remains unchanged The big market outlook depends on Powell's upcoming speech Sit tight and stay steady The time to profit 💰 has arrived When the opportunity comes, seize it fiercely! Using the simplest words to explain the clearest trend Fu Yi, a trader who analyzes trends based on patterns $BTC $ETH