Cicada Daily | Market Panic Intensifies, Last Chance to Escape 🍑

Today's market is a bit "crazy", with the Nikkei once plummeting by 4%, the Korean stock market down 3%, and U.S. tech stocks facing ruthless selling on Friday, with Apple down 2.7%, Amazon down 4.3%, and the S&P 500 nearly down 2%.

Because markets like the Nikkei generally have a leading indicator effect, it may not be a good day for U.S. stocks at the opening. Now everyone’s risk aversion sentiment is at its peak, with gold surging to $3,100, indicating that the market has started to become cautious or even panicked.

Why is the market suddenly so pessimistic?

The impact of tariffs is greater than expected — Trump urged his aides to increase tariffs, indicating that the tariffs are not as mild as everyone thought. If it were just a show for everyone, Trump wouldn’t have dragged it out for so long. Therefore, the market is worried about rising inflation, and the expectations for the Federal Reserve to cut interest rates continue to be compressed.

Inflation expectations are heating up — the latest data shows that consumer concerns about future inflation have reached the highest point in two and a half years, leaving less room for the Federal Reserve to cut rates.

Tech stocks are hit the hardest — funds are starting to avoid overvalued stocks, and leading tech stocks are all correcting.

What’s next?

Watch the Nikkei’s closing to see if it ends with a big drop.

Watch the opening performance of U.S. stocks today.

If the Nikkei closes down significantly and the S&P 500 opens and closes below 5,500, then all crypto markets should run if they can.

In the current low liquidity state of the market, a small amount of funds can cause significant fluctuations, so emotional impacts will be more direct during this period. For the crypto market, #BTC has seen a lot of trading around 83,000, and the short-term support remains, but the key still depends on whether U.S. stocks can stabilize; if they can’t, we are definitely heading for new lows or near-new lows.

On April 2, the U.S. will announce a new round of tariff details. If the tariffs exceed market expectations for negative impacts, it will trigger a financial tsunami worldwide; conversely, it will significantly ease the current panic! There may be a short-term gold pit...