Ethereum suddenly accelerates! Just recently broke through the 3300 USDT threshold, hitting a high of 3355, with a 24-hour increase of over 8%. How fierce is this rally? The bears were completely blown out.

Data shows that the total liquidation on the entire network reached $209 million, with short positions accounting for over 70%, and nearly 90,000 traders wiped out overnight. The largest single liquidation was $2.95 million. Bitcoin shorts also collapsed by $60.05 million, and Ethereum shorts by $29.84 million — the short side is completely out of options.

Any macro changes? US CPI year-over-year came in at 2.7%, slightly above expectations, but core inflation remains stable. This has reignited market expectations for rate cuts. However, CME data is a bit sobering, with only a 26.8% chance of a rate cut in March, indicating that policy remains cautious in the short term, but market sentiment has already been ignited.

Interestingly, on-chain data shows that 77% of Ondo Finance’s RWA assets TVL are stacked on Ethereum, accounting for 11.6% of the entire ETH ecosystem RWA track. This indirectly indicates that Ethereum’s leading position in the settlement layer remains solid.

Currently, the market has stabilized above the trend line, and opportunities are indeed within the volatility. But a reminder: don’t be scared into chasing the high with sudden surges. Proper risk management and phased entry are the right approach, so you can enjoy gains without missing out.