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#隐私币生态普涨 Brothers can't hold on anymore! The traditional market has collapsed, and the crypto circle is following with a sea of green. Where's the bull run we were talking about? This wave of market conditions has left people stunned... Will the altcoin season still come? Should we buy the dip now or just observe? I'm so conflicted that I can't sleep all night.
Wall Street is in chaos - the Dow Jones plummeted 300 points in a single day, the Nasdaq fell 1.6%, and the S&P couldn't hold up either. AMD saw a 7% drop in market value in one day, and Nvidia and Meta are also on the limit down list. The AI concept stocks that skyrocketed recently have now all collapsed.
The trigger for this plunge was unexpected. Chicago Fed Chairman Goolsbee stated, "The government is shut down, and we can't even see inflation data; in this situation, who would dare to easily cut interest rates?" Once this was said, the market's fantasy of a rate cut in December was instantly shattered.
More explosive news follows:
In October, the number of corporate layoffs in the United States surged by 183%, with over 153,000 people losing their jobs. Employment data has suddenly changed dramatically, with job numbers shrinking by 9,100. There is now a heated debate within the Federal Reserve, with one faction advocating for a 50 basis point rate cut, while another faction firmly opposes any action.
Powell continues to fan the flames, stating that "it's still too early for a rate cut in December." Market expectations for a rate cut plummeted from 85% to 68%, leading to a complete collapse of investor confidence.
Do you remember the real-life prototype of "The Big Short," Michael Burry? He has now invested $1 billion shorting AI leaders like Nvidia, clearly betting that the tech bubble is about to burst.
The crisis is spreading globally: the Nikkei index fell by 1.74%, and the South Korean stock market suffered an even worse drop of 2.37%. Bitcoin plummeted by $4,000 within 24 hours, directly leading to 340,000 accounts being liquidated. Gold just reached a new high before being pushed back down, as the Federal Reserve's hawkish stance directly extinguished the upward momentum.
The current situation is: the government shutdown has led to a lack of key data, there is severe division within the Federal Reserve, and the entire market is like a headless chicken. Is this wave a technical adjustment, or is something really going to happen? The unease expressed by Goolsbee and Burry's heavy investment in short selling – whose judgment is closer to the truth?
Behind every panic sell-off, it seems to hint that the real storm may have just begun...