Most of the $ETH liquidity is stacked to the upside.
There's one liquidity cluster around the $3,600-$3,800 level, which could be taken out first.
After that, a reversal to the upside could happen

Gate News bot message, Gate market shows that GT has risen 3.06% in the last 24 hours, current price is 13.13 USDT

Under the dual pressure of Trump's tariff remarks and market technical adjustments, the cryptocurrency market has experienced a severe fluctuation. On-chain data shows that the hedge fund Abraxas Capital has been continuously increasing its short positions, with the total notional value of holdings rising to $760 million, including $277 million in BTC short positions, $257 million in ETH short positions, and $76.5 million in SOL short positions. Meanwhile, highly leveraged long positions suffered a brutal liquidation, with a certain 40x leveraged BTC long whale position being fully liquidated,

To be honest Dog Brother previously challenged himself to survive in Hong Kong for 7 days using only cryptocurrency. What is the result?

As the Federal Reserve's interest rate decision approaches at 2:00 AM on October 30 (UTC+8), the Crypto Assets market is in a state of high alert. In the current environment of government shutdown and data scarcity, the market generally expects a 25 basis point rate cut. Several Financial Institutions even predict that another rate cut may occur in December, suggesting that this decision could become an important turning point in monetary policy.