Previously, the cryptocurrency market was draining blood from the US stock market, so the overall performance of major tech stocks in the US has been quite average, especially the seven giants represented by Nvidia, which have shown relatively weak trends recently. However, yesterday Bitcoin experienced a significant pullback, which calmed the market's funds considerably.
When everyone sees Nvidia's earnings report drop by 10%, they will likely return, especially since Trump's tax increase has already been implemented, which is ultimately aimed at controlling inflation. This raises expectations for future interest rate cuts again, and after Bitcoin enters a period of adjustment and fluctuation, the US stock market will regain its former vitality.
So at this position, don't be afraid!
