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This is how we can reduce the risk of placing orders in the current market
Today's main news:
1. Overall market collapse pressure: The cryptocurrency market has experienced a flash crash like adjustment, mainly influenced by macro factors: strong US employment data, weakened expectations of Fed interest rate cuts, leading to a collective pullback of risk assets (including the stock market and cryptocurrency).
ETH, as the second largest cryptocurrency, followed BTC's sharp decline and short-term leveraged long positions were heavily squeezed (Coinglass data shows that long positions exploded by nearly $700 million within 24 hours).
2. The outflow of Ethereum spot ETFs has intensified: Recently, Ethereum ETFs have continued to experience net outflows (exceeding hundreds of millions of dollars this week), and the transfer of some positions by institutions such as BlackRock has caused market concerns. Despite an increase in ETH ETF allocation by Q3 institutional advisors (RIAs), short-term sentiment dominated the sell-off.
3. Technology upgrade expectation (medium - to long-term benefits): The next major upgrade, Fusaka (some sources suggest it was originally scheduled for November or postponed to December 3rd), will introduce PeerDAS (blob capacity increased from 6 to 14-48), which is expected to further reduce L2 costs by over 90% and enhance scalability. This is seen as the core catalyst for the end of 2025 to the beginning of 2026, as whales have been hoarding ahead of schedule (with some whales recently absorbing over 30000 ETH).
4. Other ecological dynamics: DeFi and stablecoin usage continue to support fundamentals, and institutions (such as BlackRock) are optimistic in the long run, but are subject to macroeconomic pressure in the short term;
There are no major negative regulatory news, and the Trump administration's pro crypto expectations are still present, but have not yet turned into immediate positive news.
Overall, Ethereum fell sharply today due to the overall market correction, with significant short-term pressure, but no structural bearish sentiment, and strong support in the medium to long term upgrade expectations.
How can we find the best entry point and reduce our own order risk in response to the current macro news? The live broadcast room is currently explaining
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Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.