Nasdaq plunges 5.52%, Bitcoin falls below $76k! Is this bull market clocking out early?

Yesterday we were hoping for a rally; today we're worried our accounts will be wiped out. Financial markets sometimes move faster than food delivery drivers!
On November 5, U.S. stocks saw significant selling pressure, with the Nasdaq falling 5.52%, the S&P 500 dropping 4.36%, and the Dow Jones falling 3.44%. Bitcoin couldn't escape the sell-off either, dropping about 6% and briefly falling below $76k.
The post-election rally has been almost entirely erased, and market sentiment has cooled noticeably.
This shows one thing: Bitcoin may have its own market dynamics, but when global risk assets come under pressure all at once, it's difficult for it to fully decouple from U.S. stocks.
So is this drop a short-term shakeout, or the start of a bigger correction?
The key is how the market performs next. If the Nasdaq keeps falling and risk appetite continues to shrink, Bitcoin may face further pressure.
Conversely, if U.S. stocks gradually stabilize and Bitcoin regains a foothold in a key price range, market sentiment may have a chance to recover.
The two extremes to avoid now are panic-selling as soon as prices drop and recklessly buying the dip while ignoring the risks.
The bull market may not end that easily, but your account may not be able to withstand every so-called golden opportunity to buy the dip!#美股AI板块遭遇重挫