Down 3.66%, and somehow I’m feeling a little less worried. Marvell Technology $MRVL is at 141.70, still some way above its 24-hour low of 135.58. At least today’s drop hasn’t hit the worst point yet.
This is the price of Marvell Technology’s USDT perpetual contract on OKX. U.S. stock markets are closed for the weekend, but the contract keeps trading as usual. It’s pulled back from 147.92 to here—not a huge move. What’s unsettling is the direction: when chip stocks head lower, it’s hard not to read into it.
If I had to choose, I’d lean toward waiting and watching: 135.58 hasn’t been breached, so there’s no need to rush in. But if it breaks below 135.58, my view will change immediately.
Do you think tonight’s move in U.S. stocks will spill over into crypto?
$MRVL
#美股 #MRVL
This is the price of Marvell Technology’s USDT perpetual contract on OKX. U.S. stock markets are closed for the weekend, but the contract keeps trading as usual. It’s pulled back from 147.92 to here—not a huge move. What’s unsettling is the direction: when chip stocks head lower, it’s hard not to read into it.
If I had to choose, I’d lean toward waiting and watching: 135.58 hasn’t been breached, so there’s no need to rush in. But if it breaks below 135.58, my view will change immediately.
Do you think tonight’s move in U.S. stocks will spill over into crypto?
$MRVL
#美股 #MRVL