U.S. stocks opened higher with a sea of red! Semiconductors and AI stocks are soaring wildly, can tonight's Bitcoin and altcoins keep up?


U.S. stocks opened with gains across the board, Dow up 0.3%, S&P 500 up 0.5%, Nasdaq up 0.7%, the overall market risk appetite has clearly improved.

Technology and AI sectors lead the rally: Philadelphia Semiconductor Index surged 1.98%, Qualcomm rose 0.3% after Huang Renxun called for buying, Broadcom increased 1.1% after teaming up with Blackstone and Apollo to establish an AI computing platform, AI computing industry chain once again becomes the market focus.

Chinese concept stocks also strengthen simultaneously: Nasdaq China Golden Dragon Index rose 0.8%, foreign investor sentiment warms, providing positive support for domestic assets.

The strong performance of the U.S. tech sector is expected to boost risk appetite in the crypto market tonight, providing emotional support for Bitcoin and altcoins' rebound. In terms of trading strategy, mainly follow the range-bound approach and go with the trend. $BTC $ETH
BTC-3.09%
ETH-2.51%
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