#数字货币市场调整 Bitcoin fell below $98,000, and Ethereum retreated to $3,154—this intense turbulence in the crypto market is essentially not a collapse at the project level, but a chain reaction caused by "high-risk assets" being dragged down by the U.S. stock market. Just last night, the three major U.S. stock indices collectively plummeted, with the Nasdaq falling over 2%, and the AI chip sector leading the decline, with Nvidia and Tesla at the forefront. More concerning is that this drop occurred on the very first day of government agencies resuming operations — according to past trends, the stock market usually stabilizes and rebounds within 1-2 weeks after work resumes, but this time it has completely gone against the trend. The root cause of market turbulence mainly comes from two dimensions: Firstly, the panic amplification effect during the data vacuum period. A large amount of macro data that has accumulated during the government shutdown, including the non-farm employment and retail data for October (, is about to be disclosed, and this data will directly affect whether there is room for interest rate cuts within the year. The market's anxiety about uncertainty has already started to reflect in prices in advance. Meta's cash flow is under pressure, Oracle's capital expenditures have surged, and cloud service providers are expanding their data centers while accumulating debt — the financial conditions of tech giants are prompting investors to reassess. Short-sellers have joined forces for a quantitative sell-off ahead of NVIDIA's earnings report, further exacerbating market volatility. The only core variable that determines the market trend at the end of the year is liquidity. The government's resumption of operations means the restart of fiscal measures, with a large-scale injection of fiscal funds into the market in the next two months. This will be a key factor in hedging the current panic sentiment. From a technical perspective, the crypto market and US stock indices both show signs of breaking down, with the Nasdaq having reached the 50-day moving average: If it can hold, the bulls still have a chance to breathe; Once it falls, it will enter a deep technical adjustment. The bears chose to launch an attack on the first day of the government's resumption of work, which is a typical psychological warfare strategy—exploiting the market's fear of uncertainty to create panic selling. )$ETH

Has the great escape begun? Do you remember the Ethereum crash market after it fell from 4100 to 3000 at the beginning of the year? Did everyone forget the ridicule of E-Guard at that time? Memory lasts only three days? If I don't defend well, How do I bottom fish at 1500? Are you feeling drained? Even if there is still spirit, The money is gone, right?

$ETH After testing and calculation, it will stop falling around the 2950 line tonight.