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U.S. stocks fell across the board today, with the Nasdaq index dropping 4.33%, and the Dow Jones and S&P 500 falling 2.69% and 3.22%, respectively. Market risk aversion sentiment has clearly intensified.

For the Web3 market, the severe fluctuations in traditional risk assets often trigger a chain reaction. On one hand, institutional investors may reduce their holdings of crypto assets due to liquidity needs, leading to short-term selling pressure; on the other hand, the rising market risk aversion sentiment may prompt some funds to shift towards $BTC and other assets deemed as "#数字黄金 ". However, it is important to be cautious as the correlation between the current crypto market and traditional financial markets has increased, and if U.S. stocks continue to adjust, it may exacerbate volatility in the crypto market.

In the medium to long term, the development of the #Web3 industry still depends on its own technological innovation and practical application implementation, while short-term market fluctuations are more disturbances of sentiment. The market will still return to #基本面 . If the Federal Reserve slows down its pace of interest rate hikes or if trade tensions ease, growth stocks may regain favor with investors. Investors should remain patient, avoid emotional trading, and wait for clearer trend signals. Cash is king, waiting for opportunities.