Analysis of the U.S. Stock Market: Reasons for the Significant Drop in the Nasdaq and Outlook for Subsequent Trends
Why did it drop yesterday? The U.S. stock market almost collapsed, with the Dow Jones, Nasdaq, and S&P 500 all falling. The drop in U.S. stocks also dragged down Bitcoin. It's okay to drop; a deep correction has ended, which is our opportunity to build positions. The subsequent market trend will be better, just quietly waiting for the Ethereum upgrade.
Thank you for your attention and support. You are invited to participate in the following activities (red envelope).
Analysis of the reasons for the significant drop in the Nasdaq
• Impact of market sentiment:
After the holiday, market sentiment has been affected, and investors are cautious about economic prospects and company performance, leading to insufficient market confidence. Additionally, false news regarding tax rates has impacted market sentiment; although it was later clarified, it has caused some disturbances in the U.S. dollar index and the U.S. stock market.