Today was a very bad day for the U.S. stock market.
Around $1 trillion was wiped out in just one day. Big companies were hit hard. Apple fell about 5%, and many other large stocks closed deep in red.
Gold and silver are also moving up and down very fast. This shows the market is nervous. On top of that, there is a very high chance of a government shutdown tomorrow, which is adding more fear.
The overall mood is risk-off.
When stocks drop strongly, crypto usually follows. If the stock market keeps falling in the next session, we could see more pressure in crypto too. So it means we have to go short on $BTC $ETH $BNB and other Altcoins.
The next market open is important.
There’s a good chance the downside is not finished yet.
Manage risk carefully.
