U.S. stocks opened with a clear divergence: the Dow rose slightly, but the Nasdaq, which represents technology growth stocks, opened lower and weakened. The storage sector suffered a major blow, with Micron dropping more than 6% and SanDisk plunging more than 8%.

Market capital showed a clear flight-to-safety reallocation: money moved out of high-volatility tech themes and into more traditional defensive sectors. The storage sector had previously gone through a round of gains, and in the short term, profit-taking positions were concentrated and exited.

As storage chips are a key link in the AI industry chain, heavy pressure on the sector can also transmit sentiment, suppressing risk-asset preferences in technology. On top of that, the market is currently waiting for the Federal Reserve’s interest rate decision on Thursday—so capital is choosing to stand by in advance!

In the short term, market sentiment is turning cautious. Risk assets are likely to be dragged down by sentiment. In trading, it’s best to avoid blindly chasing orders; patiently wait for macro uncertainty to settle #Bitmine持有578万枚ETH #BTC #KOSPI指数日内暴跌9% $ETH $GT $BTC