The truth behind the big dump in the crypto world: Four major factors trigger a global Crypto Assets dumping frenzy!

Today, we encountered a collective setback in the global market. This big dump is not a coincidence; four core factors triggered a panic dumping, and many investors have stated that they were "played for suckers" by insider news:
Firstly, the uncertainty in Sino-Japanese relations has triggered a rise in market risk aversion, with risk assets being the first to come under pressure.
Secondly, the severe turbulence in the Japanese government bond market has become a key trigger. On the 18th, Japan's ultra-long-term government bonds faced a massive sell-off, mainly due to investors' concerns about the expanding scale of the economic stimulus plan proposed by the Japanese government—this move could exacerbate fiscal spending pressures, adding to the already dire national fiscal predicament. Coupled with the upcoming 20-year government bond auction on the 19th, cautious sentiment spread through the market, ultimately triggering a wave of government bond selling, which transmitted to risk assets such as Crypto Assets.
Thirdly, the expectation of the Federal Reserve's interest rate cut has been delayed, further intensifying market tension. Analysts point out that the volatility in the Crypto Assets market is spilling over into other high-risk assets, and the ongoing repricing of the probability of the Federal Reserve's interest rate cut in December has increased the demand for safe-haven assets. This tense situation may persist until key data such as the September employment report provides clear signals—whether weak labor market data (supporting interest rate cuts) or Nvidia's earnings exceeding expectations (boosting risk appetite) could become turning points for market sentiment.
Fourthly, Nvidia's upcoming earnings report has raised concerns about an AI valuation bubble, prompting funds to take profits early. As a leading tech stock, Nvidia plans to release its earnings report after the US market closes this Wednesday, and this report is seen as a "touchstone" to test the reasonableness of the high valuations in the AI sector. Currently, the Nasdaq Composite Index is facing pressure to end a seven-month streak of gains, and investors are beginning to question the valuation bubble of large tech stocks while reassessing the sustainability of the AI-driven bull market. In addition, discussions in the market regarding Nvidia's GPU depreciation cycle are also heating up, further intensifying cautious sentiment. One strategist bluntly stated: "This week, traders' attention is entirely locked on Nvidia's earnings report—this chip giant, which accounts for nearly 8% of the S&P 500 index and about 10% of the Nasdaq 100 index, will have its performance directly drive the direction of the entire market. This is undoubtedly the most important earnings report of the year. #逆势上涨币种推荐 #美联储会议纪要将公布 $BTC $ETH "