While #ETH has rebounded, trading volume hasn't increased much, despite such a significant decline. This suggests this rebound was driven by liquidations by futures traders, not by active buying from large investors. Looking at the futures market: 1.177 billion yuan was liquidated in 24 hours, 90% of which was attributable to long positions. Since falling below 4,000, ETH has been steadily declining, suddenly dropping to 3,850 at 2:00 AM yesterday, though it quickly rebounded. I saw this late at night and called in some long positions, and I'm already making a profit. The next key thing is to see if the 4,000 level can be broken today. If not, I'll need to cash in my profits quickly to avoid potential losses.