U.S. stocks opened lower across the board and collectively declined, with the Nasdaq down more than 2%, and the growth technology sector experiencing a collective sharp decline. Market funds are fleeing to safe assets, and risk asset sell-off sentiment is spreading. Bitcoin, as a highly elastic risk asset, will be directly suppressed by a cooling of market risk appetite, intensifying on-site selling sentiment, and significantly increasing the probability of short-term pressure and weakness. Under the current environment of a broad decline in overseas stock markets, Bitcoin is unlikely to break out of an independent rebound in the short term, and overall remains under pressure and weak; combined with the upcoming release of PCE inflation data tonight, funds are reducing positions in advance to hedge risks, and selling pressure will continue to grow, with limited short-term rebound strength, mainly characterized by weak oscillation. $BTC $ETH $SOL