As the Federal Reserve's interest rate cut expectations draw closer, the global financial market, especially the trends of cryptocurrency (represented by the big pie) and U.S. stock giants, have become the focus of investors' attention. There are generally two mainstream views in the market regarding the future trends of the pie, and the recent performance of some of the top seven U.S. stocks has also revealed subtle signs of change.
Analysis of potential paths to the pie
First of all, one view is that the market may briefly consolidate at the current level, similar to the historical model. After a few days of accumulation, it will try to hit the resistance area of 6.6 to 6.8. However, this upward attack may be unsustainable and may quickly turn into a downward channel. It may touch the support level near 4.4 in the short term, forming a more significant correction.
Another more radical prediction is that the market may quickly break away from the current range in a short period of time and directly enter a plummeting mode, targeting the support area near 4.4. If this scenario comes true, and is accompanied by a further drop to the extreme situation near 3.8, it will not only be a deep test of the market, but also provide an extremely attractive entry opportunity for long-term investors.
Dynamic observation of US stock giants
In terms of U.S. stocks, although technology giants such as Nvidia, Meta, and Apple have shown a certain degree of rebound after recent corrections, this momentum seems to have shown weakness and may face adjustment pressure in the short term. Especially for NVIDIA, although its second-quarter financial report showed that revenue increased significantly by 122% and reached a milestone of US$30 billion, the market's expectations for the third quarter failed to reach the most optimistic level, causing the stock price to drop significantly by 7% after the market. , indicating subtle changes in market sentiment.
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