#战略性加仓BTC December 29 Evening US Stock Market Brief: The three major indices opened lower collectively and are still in the consolidation phase.
The specific data is as follows: • Dow Jones down about 0.2%, at 48,636 points • S&P 500 down about 0.5%, at 6,903 points • Nasdaq down about 0.8%, at 23,414 points
Interestingly, the precious metals sector was hit hard, with Pan American Silver and Harmony Gold dropping over 5%. But there are also bright spots—DigitalBridge surged nearly 10% on rumors of SoftBank acquisition, and Praxis Precision Medicines soared 17%+ after an upward revision of its target price.
Where is the main pressure in the market? AI and tech stocks are generally under pressure, a typical sign of year-end profit-taking. Whether the situation can be reversed depends on two points: first, whether technology heavyweight stocks and undervalued sectors can gain momentum; second, whether trading volume can gently expand. Whether the "Santa Claus rally" can continue remains uncertain. For investors holding related assets, this correction also requires close attention to the specific performance of rebounds.
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rekt_but_vibing
· 52m ago
Tech stocks got hammered again, and this year-end profit-taking wave is really intense. BTC is the real solution.
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GasFeeVictim
· 5h ago
It's that time of year again for profit-taking, tech stocks are getting hammered, and this correction really hurts.
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PensionDestroyer
· 13h ago
Tech stocks are crashing again. This time, a correction might really be needed. Don't be fooled by the year-end rebound.
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FlippedSignal
· 13h ago
Nasdaq drops 0.8%, tech stocks are once again squeezing the bubble... This year-end retracement is indeed fierce, but Bitcoin is quietly increasing its holdings, the difference is quite significant.
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MemecoinTrader
· 13h ago
nah this correction's just setting up the perfect entry point for the real narrative shift. watch the sentiment maps, tech's getting absolutely obliterated but that's where the alpha lives rn
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LiquidatedDreams
· 13h ago
Here comes another market to harvest the retail investors, and it feels like tech stocks are about to get wiped out in this round of correction.
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NotFinancialAdvice
· 13h ago
Tech stocks are being squeezed again; this year-end sell-off is quite intense.
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ser_aped.eth
· 13h ago
Tech stocks have really been hammered this round, and the profit-taking rhythm is just so brutal... Maybe we should just play it safe and accumulate BTC.
#战略性加仓BTC December 29 Evening US Stock Market Brief: The three major indices opened lower collectively and are still in the consolidation phase.
The specific data is as follows:
• Dow Jones down about 0.2%, at 48,636 points
• S&P 500 down about 0.5%, at 6,903 points
• Nasdaq down about 0.8%, at 23,414 points
Interestingly, the precious metals sector was hit hard, with Pan American Silver and Harmony Gold dropping over 5%. But there are also bright spots—DigitalBridge surged nearly 10% on rumors of SoftBank acquisition, and Praxis Precision Medicines soared 17%+ after an upward revision of its target price.
Where is the main pressure in the market? AI and tech stocks are generally under pressure, a typical sign of year-end profit-taking. Whether the situation can be reversed depends on two points: first, whether technology heavyweight stocks and undervalued sectors can gain momentum; second, whether trading volume can gently expand. Whether the "Santa Claus rally" can continue remains uncertain. For investors holding related assets, this correction also requires close attention to the specific performance of rebounds.