U.S. stocks opened broadly lower and weakened, with the Dow and S&P slightly down, and the Nasdaq directly dropping 0.6%, as risk appetite collectively cooled, directly transmitting pressure to the crypto market.

The market divergence is very pronounced: Meta alone surged 6%, gaining favor by leveraging its self-developed cloud business to sell idle AI computing power; but the storage sector was collectively sold off, with SanDisk plunging 7.5%, Micron 6%, and Western Digital falling over 4%. The entire AI hardware industry chain faced a collective chill, indicating market concerns about the computing and storage cycle.

Coupled with multiple central bank speeches and employment data pressure in the evening, the weakening of U.S. tech stocks will continue to suppress crypto asset bullish confidence. Short-term rebounds are all weak corrections, and the general direction is to follow the downward pressure; do not rush to bottom-fish for a reversal. #Sharplink增持1万枚ETH $BTC