This round of callback, the $NVDA , isn’t just about sector sentiment fluctuations. After AI trading gets crowded, capital begins to rebalance; the “big whales” reducing positions both further and amplifies the short-term selling pressure on tokenized stocks. On the technical side, the main stock has broken through a key support level. Although signs of short-covering are increasing, they more often indicate that divergence between bulls and bears is widening—not that the trend will immediately reverse.

Ahead of the FOMC, risk-avoidance sentiment is heating up. Funds are inclined to reduce leverage and wait. When price is oscillating around 215.68 USDT, the biggest fear is bad news coinciding with low liquidity. In the short term, watch whether support can be reclaimed, whether trading volume continues to expand, and whether risk appetite can recover after the meeting. For now, it’s more suitable to observe in batches rather than grab the “falling knife” just because it’s down a lot.

#NVDA #代币化股票 #FOMC