The Pullback Comes to a Pause

1. The whole internet is watching the showdown between Trump and Musk; the conflict between these two most influential men has also caused turmoil in the financial markets, with US stocks and cryptocurrencies both falling.

2. This pullback is in response to the rising wave from 74,000 to 112,000. In the short term, the first wave of the pullback seems to have come to a pause, and around 100,000 there is good support, which may be tested multiple times.

3. Crcle not only raised its IPO price three times but still surged 168% on its first day of listing; AI and cryptocurrency are currently the hottest concepts in the US stock market.