The ETH/BTC exchange rate fell to 0.02 again in the morning, hitting a new low in 20 years—— Multiple whales were forced to close out or directly liquidated, Patience comrades, it doesn't feel far away! The viewpoint remains unchanged: first manage the position well, strive to survive, and watch Q3! At present, I would like to share my suggestions on Ethereum with everyone: Current market situation: one ️⃣ Extreme panic (Fear&Greek Index ≤ 20); two ️⃣ ETH whale clearing has just occurred, and the chain has not stopped bleeding yet; three ️⃣ US stock futures/spot prices are falling simultaneously, and the Federal Reserve may turn bearish. So, now it is judged that the bottom has not been reached yet, and there may be a risk of a second down in the short term. Two possible paths for subsequent evolution: Scenario A: Continue to decline to the 1400-1500 range—— Operation: Stop loss maneuver position, consider rebuilding the position; If there is extreme trampling (ETH<1300) Stablecoins can be withdrawn in batches; Pay attention to whether there are still large clearing points on the chain that have not been exploded. Scenario B: Rapid rebound to 1750-1800 Operation: Gradually reduce strategic holdings; If the rebound is strong, try to fill in short positions; When ETH stabilizes at 1850, it may be considered to add back some positions. BTC ETH