Market sentiment is cautiously bearish, Tesla's stock price drops over 20% due to the conflict between Musk and Trump

According to Odaily Planet Daily, macro researcher Adam from Greeks.live pointed out that market sentiment is leaning towards a cautious bearish outlook. Bitcoin's short-term volatility has intensified, and investors are paying attention to the weakening ETH/BTC ratio and the pressure at the $100,000 level. Most traders believe Ethereum is underperforming, but there is a divergence regarding whether it is suitable for bottom-fishing. The public conflict between Musk and Trump is seen as a short-term black swan event, causing Tesla's stock price to drop over 20%, which triggered market volatility. Ethereum holdings have reached a record high, but the price remains weak, and it is advised to pay attention to the $1,500 support level.