#美联储降息 December 11th, Bitcoin once again faces pressure, dropping 2.5%, just losing the $90K level. The logic behind this decline is not complicated—collective weakness in the US stock technology sector directly dampened the overall sentiment in the crypto market.
Ethereum's decline is even more severe, $ETH plunging 4.3% to $3,196, which clearly indicates how strong investors' risk-avoidance mentality is. When US tech stocks lose growth expectations, risk appetite quickly cools, and crypto assets become the first targets for selling.
This linkage effect has been particularly obvious recently—uncertainty in traditional financial markets is being transmitted in real-time to the digital asset space. In the short term, paying attention to the trends in US stocks and the tech sector can help roughly gauge the direction of the crypto market.
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#美联储降息 December 11th, Bitcoin once again faces pressure, dropping 2.5%, just losing the $90K level. The logic behind this decline is not complicated—collective weakness in the US stock technology sector directly dampened the overall sentiment in the crypto market.
Ethereum's decline is even more severe, $ETH plunging 4.3% to $3,196, which clearly indicates how strong investors' risk-avoidance mentality is. When US tech stocks lose growth expectations, risk appetite quickly cools, and crypto assets become the first targets for selling.
This linkage effect has been particularly obvious recently—uncertainty in traditional financial markets is being transmitted in real-time to the digital asset space. In the short term, paying attention to the trends in US stocks and the tech sector can help roughly gauge the direction of the crypto market.