Laughing to death, Brother Majie has been carried out again.

Do you remember what happened early yesterday morning? The Federal Reserve's interest rate cut expectations shot up to 87%, and the market hadn't even had time to get high yet when the Bank of Japan dropped a bomb in the middle of the night – hinting at a rate hike. Global funds instantly didn't know where to run, and the crypto world was a mess. Can your holdings still hold up?

On the ETH side, Brother Majie’s account has become a live teaching material again. At 8 AM on December 1st, with a slight pullback in ETH, his long position of 9,368 coins with 25x leverage was directly liquidated, causing his account balance to shrink from the million level to 210,000 dollars. This guy was liquidated over 100 times in November, and now he still holds over 3,000 ETH, with the liquidation price just 15 dollars away—one big red candle might mean game over. Leverage is something you really shouldn’t touch, unless you have so much money that you can't spend it all.

ZEC is even worse. It has been in a downward trend for half a month, and the key support level of 420( on the daily chart's 60-day moving average ) has already been broken. From a technical perspective, the downward structure on the four-hour chart is quite complete. If the daily line cannot hold the 450 position, the next stop is very likely to head straight for 300. Of course, if it can stabilize at 450, there might be a chance for a rebound — but to be honest, a rebound would only provide a better shorting point. What is the wisest choice now? Hold back and wait for a clearer direction.

The macro level is more interesting: The Federal Reserve has stopped the balance sheet reduction and is sending dovish signals, and Trump is planning to nominate a more dovish chair, making interest rate cuts seem inevitable; however, the Bank of Japan suddenly turned hawkish, causing the yen to surge violently, resulting in significant global capital reallocation. Bitcoin soared to 90,000, and gold remained steady at high levels, with the market having a preemptive celebration. But caution is needed—what if the interest rate cuts are interpreted as a signal of economic recession? Or if Japan's interest rate hike is less than expected? Then the volatility will definitely explode.

The operational advice is quite simple: continue to hold gold and growth stocks, but keep an eye on the risk of a rebound in the US dollar; for altcoins like ZEC and ETH, strictly control your position, set a stop-loss line, and don't rush in before the policy is implemented.

The simultaneous shift of the US and Japanese central banks is a rare situation. Do you think the support at 420 for ZEC can hold?