Last night’s market move caught the vast majority of people completely off guard. The US stocks opened and dragged the market down hard; Bitcoin quickly dumped through a key support, then sharply pulled back in a violent after-close rebound—whipsawing back and forth, rapidly liquidating; both longs and shorts were washed through.

US stocks repeatedly hitting fresh highs seem to support risk assets, and Bitcoin’s high-level rangebound chop is just an emotional echo—not a real fundamental reversal. The market still runs on news-driven catalysts; with the slightest breeze, volatility will be amplified dramatically.

On the big picture, I remain cautious. There’s still no clear reversal signal; the bear-market structure hasn’t been broken, and the real bottom hasn’t shown up yet. This rebound feels more like a long-position illusion manufactured by the main players—when everyone is shouting that the bull market is back and leverage is piling up, the next round of rapid selloff and shakedown could arrive at any moment.
#美股创下历史新高 $BTC $ETH