Post

$ETH Ethereum Plunges 11% Below $1,600 – On-Chain Liquidations Trigger Panic Latest data shows ETH trading at $1,574, down 11% in 24 hours, hitting a 13-month low. Three key triggers: 1. Macro blow: Stronger-than-expected US nonfarm payrolls crushed rate-cut hopes, sparking a sell-off in risk assets. 2. On-chain liquidations: A whale was liquidated for over 15,000 ETH, intensifying panic selling. 3. Trust crisis: The Zcash vulnerability has raised broader concerns about DeFi security. Brief take: $1,500 is the last line of defense. A break below could open the door to $1,420. Sentiment is extremely bearish – stay on the sidelines for now. #非农数据公布：就业人口17.2万人，远超预期 #ETF多日净流出：比特币价格持续下跌 #ZEC日内腰斩：Orchard协议无限增发漏洞 $BTC $ZEC