Introduction: 1. It is worth noting that the current ETH price has fallen below the average cost of capital ($2240) 2. Pay attention to the Federal Reserve's release of the annual core PCE price index for May in the United States on Friday 3. Kol's current analysis shows that the United States dare not engage in a protracted war with Iran 4. 24-hour liquidation of 653 million US dollars 5. From a physical perspective, the current market has cooled to the extreme. If combined with pessimistic sentiment and super liquidation, there is a high probability of a significant rebound in the future