Wall Street Community Live: Short positions are in place, pay attention to the bottom line situation, follow the live broadcast to bring you in

Click on the link to enter the meeting: https://meeting.tencent.com/p/7456554739 Ethereum has experienced a sharp decline in the past two days, mainly due to the tightening of macro liquidity expectations, policy uncertainty caused by the nomination of key figures, a shift in capital hedging, high leverage trampling in the market, and technical breakthroughs, rather than being caused by a single event. 1: Core trigger: drastic change in Federal Reserve policy expectations (1) Walsh nomination hits liquidity expectations: On the evening of January 30th Beijing time, Trump nominated Kevin Walsh as the next chairman of the Federal Reserve. Walsh is seen as a hawkish figure who has criticized private cryptocurrency projects for being "fraudulent". His stance has exacerbated market concerns about the continuation of high interest rates and tightening liquidity, causing funds to withdraw from high-risk cryptocurrency assets and shift towards safe assets such as US Treasury bonds. (2) The Federal Reserve's interest rate meeting was hawkish: Last week, the Fed kept interest rates unchanged, and officials predicted only one rate cut in 2026. The market's previous expectations of rapid easing fell through, and the attractiveness of non interest bearing assets decreased, putting pressure on cryptocurrencies such as Ethereum. (3) The strengthening of the US dollar is linked to the sharp decline of gold and silver: The nomination of Walsh pushed the US dollar higher, coupled with the epic weekend drop of gold and silver (silver fell more than 25% in a single day), triggering a comprehensive decline in risk appetite, and the cryptocurrency market followed suit with a heavy decline. 2: Internal market fragility: leverage trampling and technological breakthrough (1) High leverage concentrated liquidation: The market saw a significant increase in the early stage (Ethereum rose from $1500 to $2700), and the FOMO sentiment of retail investors pushed up leverage, triggering a "buy more, buy more" price correction. According to Coinglass data, over 420000 people liquidated their positions within 24 hours, with a liquidation amount of approximately 2.559 billion US dollars, further amplifying the decline. (2) Key technical support lost: Ethereum previously fell below the $3000 mark, with a symmetrical triangular pattern breaking downwards. After encountering resistance in the rebound, it confirmed bearish dominance, and the $2250-2300 range became a short-term key support, triggering technical selling after breaking the level. (3) Institutional fund outflow: The continuous net outflow of spot ETFs indicates that institutional investors have reduced their holdings. On chain data shows losses for long-term holders, market confidence is shaken, and funds are shifting from cryptocurrency assets to traditional safe haven assets. 3: Key technical positions at present Strong resistance level: $2550-2650 range (previous support converted into resistance, which is also an important psychological barrier). Strong support level: 2200-2300 USD area (long-term trend line or earlier support platform). 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. Today's live broadcast will mainly explain the ideas of the panel and deviate from the teaching techniques. Welcome to discuss in the live broadcast room!