—Garry's urgent breakdown: The arbitrage code behind the panic 🔍📉
Folks, the crypto market was stunned by NVIDIA's earnings report today! NVIDIA's Q2 revenue exceeded expectations but caused the stock price to plummet, dragging BTC and ETH down with it—BTC briefly fell below 111,000, and ETH dropped to 4482 at one point. This wave of correlation was brutal!
1. Core Logic: The classic scenario of 'good news realized = bad news'
NVIDIA's revenue was 46.7 billion (exceeding expectations of 46 billion), but it still fell 3.14% after hours. The essence is that 'good news was priced in early'. The market had already fully priced in the expectation that 'NVIDIA's good performance = AI boom = benefits for the crypto market'. When the earnings report finally dropped, it became a reason for 'realized good news to sell off'.
2. Crypto Market Correlation: The 'panic selling' of BTC and ETH
BTC: Dropped 1.25% below 111,000, but the larger upward trend (weekly, monthly) hasn't been broken, it's a 'sentiment-based pullback';
ETH: Weaker, dropped to 4482, but 4500 is a key support level (previously tested multiple times without breaking), now rebounding back to 4513, with some funds quietly picking up.
3. Trading Opportunity: Panic is the best 'money picking signal'
This drop feels more like the main forces using NVIDIA's earnings report to 'wash the market'—after all, the fundamentals of BTC and ETH (halving expectations and increased institutional holdings) haven't deteriorated.
Strategy:
Aggressive Strategy: Lightly long BTC around 111,000, stop loss at 110,000, target at 113,000 (first resistance level);
Conservative Strategy: Wait for ETH to stabilize at 4550, or BTC to return to 112,000 before entering, avoid chasing the drop.
The market is panicking now, but it's time for 'when others are fearful, I am greedy'! Want to follow me for the best entry/exit points? Follow me, Garry, and comment 'follow the car' in the comments to get real-time trading strategies synced up!@合约狠人Garry #ETH #BTC
