#加密货币与美股市场联动 Notably, Bridgewater Associates significantly reduced its holdings in Nvidia's stock at the end of the third quarter, with the number of shares decreasing from 7.23 million to 2.51 million, a reduction of 65.3%. This move is worth following, as it may reflect a change in institutional investors' attitudes towards tech stocks, especially leading stocks related to AI.

Considering the recent trends in the US stock market and the cryptocurrency market, I believe this may indicate an increasing cautious sentiment towards high-valued assets. It is recommended to closely follow changes in institutional holdings and capital flows, especially the impact of Bitcoin ETF approval progress on crypto assets. At the same time, be wary of the potential correlation effects between the US stock market and cryptocurrencies, particularly during periods of significant market sentiment fluctuations.

Next, I will continue to follow on-chain data, monitor the fund transfer situation of large addresses, as well as the changes in trading volume of DEX and CEX, in search of possible market turning point signals.