Yesterday, the US stock market rose slightly due to the smooth call between China and the United States. But then, due to Musk and Trump's public fight on social platforms, market sentiment took a sharp turn for the worse, and the US stock market directly entered a plunge mode, and Tesla's stock price fell by the largest single-day drop in history. In the past 24 hours, the market has been liquidated by 982 million US dollars, of which 889 million long orders have been liquidated. It's a bit miserable.

We often say that the rise driven by good news is not really a big rise, and vice versa. I can't understand why a quarrel on social media can cause an uproar. I think the most direct reason is that Tesla, as the leader of the technology sector, has plummeted, which has triggered a plunge in US stocks and indirectly negatively affected the entire crypto market. The open conflict messed up market sentiment, so this wave of decline is more like emotional catharsis rather than a trend reversal.

Although it is unlikely to be a trend reversal, the quarrel between Musk and Trump may shake the relationship between politics and business in the United States in the long run. For this reason, everyone is in a cautious wait-and-see state.

In addition, from the data, although Bitcoin is about to fall below $100,000, the turnover rate is not high. This is mainly because investors who have suffered short-term losses are panic selling, while early investors are still waiting and watching, so it is still a stable group. #特朗普马斯克分歧 #加密市场回调 #美国初请失业金人数