The three major U.S. stock indexes opened simultaneously with a synchronized rise, with the technology sector showing divergent strength. Stocks related to Micron and IBM surged sharply, as market capital periodically flowed into the U.S. stock tech track, which will impact Bitcoin in two ways. In the short term, a stronger stock market indicates a slight recovery in market risk appetite, providing temporary emotional support for Bitcoin and slightly alleviating the panic selling pressure after the data release. However, in the medium to long term, high-growth U.S. tech stocks will continue to divert speculative funds from the market, with capital prioritizing U.S. stocks that have performance and technological catalysts, persistently siphoning off incremental funds that would otherwise flow into the crypto market. Combined with the evening’s PCE inflation data leaning hawkish, the environment of high interest rates remains unchanged, with the U.S. dollar and U.S. bond yields staying elevated. This stock market positive can only bring a brief small rebound and cannot reverse the overall medium-term bearish trend for Bitcoin. After the temporary rebound, selling pressure will still dominate. $BTC $GT $ETH