U.S. stock market opens, and so far the decline has not continued to widen compared to pre-market.

The VIX index remains around 20, and the current sentiment in the U.S. stock market is cautious and watchful, with no panic mood occurring at the moment.

Today's decline in Bitcoin is an early move ahead of the U.S. stock market; as long as the decline in the stock market does not widen, Bitcoin should stabilize as well.

From the 1-hour trend, the divergence in the range is becoming more apparent, with the RSI index breaking below 30, reaching the oversold range.

Once the U.S. stock market stabilizes, there will be a wave of rebound demand in the 1-hour chart, which needs further observation.