SpaceX officially listed on NASDAQ today, with market attention diverted by Musk and the new narrative in U.S. stocks.

Combined with the divergence in the U.S. aerospace sector and the withdrawal of funds from risk assets,
short-term sentiment and capital pressure on the market leader are both intensified.
In the current environment of insufficient market growth and obvious selling pressure at high levels,
this event is likely to exacerbate Bitcoin's volatile and weak trend,
making a strong rebound unlikely in the short term.
Cautious trading is still advised, and reckless chasing should $BTC be avoided.