Recently, the release of US economic data has triggered market fluctuations. The rise in non-farm payrolls data, which should have alleviated concerns about Fed rate hikes due to slowing job growth, has instead led to a series of events that have complicated the situation.

Trump questioned the authenticity of the US Non-farm Payrolls (NFP) data and even took the extreme measure of firing the head of the Bureau of Labor Statistics, sparking widespread discussion in the market about the credibility of the data. Shortly after, he claimed that Russia was provoking and ordered the deployment of nuclear submarines, causing geopolitical risks to suddenly escalate.

These news rapidly impacted the financial markets. US stocks plummeted sharply during the trading session, with cryptocurrency concept stocks leading the decline, falling far more than mainstream cryptocurrencies. For example, Coinbase (COIN) fell by 16.7% in a single day, while VAPE dropped by over 20%, nearly erasing all of its recent gains.

The current market sentiment remains very fragile, and any slight disturbance could trigger a large-scale sell-off. Investors need to pay attention not only to traditional bullish and bearish factors but also to closely monitor policy changes, geopolitical situations, and electoral conditions among various other factors. In the short term, sentiment factors may outweigh fundamental logic and become the main force affecting market direction.

In such a complex and volatile market environment, investors should remain cautious, manage their positions well, and avoid blindly bottom-fishing. Closely monitor market trends and adjust investment strategies in a timely manner to seek stability and success in this uncertain market. If significant changes or turning points occur subsequently, it will be crucial to update market judgments promptly.