#加密市场回调

【Reasons for the Market Crash】

China's artificial intelligence large model DEEPSEEK gained popularity in Europe and America over the weekend, as its performance can be compared to OPENAI, but its training cost is only 2% of OPENAI's.

This led to a collapse in American AI stocks, causing chip stocks like NVIDIA to plummet by 5%; resulting in a sharp decline in NASDAQ futures;

Market sentiment was dragged down by NASDAQ, leading to significant drops in Bitcoin and Ethereum.

Tonight, NASDAQ is sure to open significantly lower, and it may continue to decline. Therefore, Bitcoin and Ethereum may also experience another drop during the US stock market hours.

【The Plunge is a Buying Opportunity】

The significant drop during the day was influenced by external factors, reflecting pessimistic sentiment in the US stock market that affected cryptocurrencies, rather than any fundamental issues in the crypto space.

Thus, after an irrational emotional decline, a substantial recovery is expected, providing a buying opportunity.