The Ethereum (ETH) market experienced a sharp fall this afternoon, likely related to the upcoming Fed interest rate decision. Currently, the panic sentiment in the market seems to be nearing its end, and we are at a critical turning point. This could be a temporary setback for long positions or the last moment of triumph for short positions.

The sudden fall in the afternoon has already broken through the previously expected support level, which may be a favorable signal for investors holding short positions. Although I personally tend to be bullish, I always emphasize that the primary goal of investing is to make a profit, rather than sticking to a certain position.

As a real trader, I am well aware of the ever-changing nature of the market. In such a market environment, it is equally important to adjust strategies flexibly and set stop losses in a timely manner. Whether long positions or short positions, it is necessary to closely monitor market trends and manage risks effectively.

In the current market situation, investors should remain calm and avoid being swayed by short-term fluctuations. At the same time, they should be well-prepared to cope with further market changes that may arise from Fed decisions. Remember, in the cryptocurrency market, opportunities and risks coexist, and it is crucial to maintain rationality and vigilance.