#加密生态动态追踪 The recent market rally is a perfect example of the conference effect. After a major event concluded, the market quickly shifted—Ethereum dropped from the high of 3447 down to 3150, a significant decline. Although the Federal Reserve cut interest rates by 25 basis points, bringing the annualized rate to 3.75%, investors seem unconvinced, and market sentiment remains somewhat cold.

The current situation is dominated by sideways trading, so caution is advised when taking long positions. Instead of getting caught in a downturn, it's better to wait and see. If ETH can break below 3000, that would be a truly attractive entry point. Previously, support levels were repeatedly tested; now it's just a matter of waiting for it to happen. Don't rush to bottom fish in the short term—risk management always comes before profit. Hope everyone can find the right rhythm and make steady gains.