#DeepSeek One's own strength has caused the collapse of #BTC , when will the decline stop?

1. How deepseek became the biggest negative factor for NASDAQ

NVIDIA (#NVIDIA ) is a global leader in graphics processing units (GPUs), and Broadcom (#AVGO) is a leading provider of semiconductor and infrastructure software solutions. The success of deepseek R1 may raise investor concerns about the growth potential of AI stocks in the future, thereby affecting their stock prices downward.

The decline in AI stock prices usually directly impacts the performance of related investment products and markets. As an important weighted component of the NDX, the fluctuation of AI stock prices will to some extent affect the overall performance of the NDX index. A significant downward trend also appeared in pre-market trading.

2. Bitcoin (BTC) serves as a leading indicator for NDX, taking on some functions of hedging and risk aversion.

In recent years, Bitcoin (BTC) has increasingly been viewed as a leading indicator of risk assets, especially during times of economic uncertainty or market sentiment fluctuations. Although the correlation between Bitcoin and the stock market is not fixed, in many cases, BTC can reflect changes in market sentiment in advance. The similarity in trends can reach 90%, and during non-trading hours of the NDX, BTC has become an important target for sentiment trading or hedging.

3. How much longer will BTC fall?

The narrative around BTC is still in an upward cycle, but this time it is significantly influenced by negative sentiment in the US stock market, which has increased the downward pressure from hedging positions, and during the downward process, multiple long positions in densely concentrated areas have been liquidated, clearing obstacles for price increases. Therefore, today's opening volume decline in the US stock market will be a key signal for BTC price stabilization.