US stocks are currently opening across the board higher, with technology and storage sectors gaining and lifting market sentiment!


But be wary of the risk of a high open followed by a pullback.
At this stage, bullish confidence in the market isn’t solid; in the short term, any rebound is more of a sentiment-based repair. If incremental capital doesn’t follow through later, the index can easily surge high and then retreat.

Once US stocks show a high-open pullback, risk sentiment will cool quickly. BTC and ETH will be directly dragged down, overhead resistance will be further intensified, and the difficulty of breaking through will increase;
Conversely, if the gains can be held and price continues moving upward, that’s what can provide sustained support to the crypto market.
Tonight, focus on the ongoing momentum in US stocks; don’t be carried away by the high open and blindly go long. $BTC $ETH
BTC0.36%
ETH1.66%
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