BTC Falls Below 83K, U.S. Stocks End Winning Streak — What to Watch as A-Shares Reopen After the Holiday
☀️ Uncle’s Morning Brief｜10.8
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🪙 BTC around 83,200, ETH around 2,570.
BTC fell below 83K, ETH dropped nearly 5%, and liquidations over 24 hours totaled about $696 million.
🇺🇸 U.S. stocks ended their winning streak:
Dow -0.66%, S&P 500 -0.22%, Nasdaq -0.22%.
🇨🇳 A-shares reopen today after the holiday:
Trading volume was about 1.44 trillion yuan before the holiday. Today, watch trading volume and how well tech stocks hold up.
🇭🇰 Hong Kong and Asia-Pacific markets weakened:
Hang Seng -0.6%, Nikkei -0.92%, KOSPI nearly -2%.
🛢️ Oil prices and Treasury yields are back under the spotlight as sources of pressure:
Brent crude topped $102 intraday, while the 10-year Treasury yield briefly rose to 5.36%.
⚡ Uncle’s take:
Over the last two days of the holiday, global markets have shifted from risk-on to a more mixed picture.
As A-shares reopen today, don’t guess how much they’ll rise at the open. First, watch trading volume, tech stocks, and how much buying support comes in.
On the first day back, watch first—don’t rush to trade.
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$BTC $ETH $NVDA #NASDAQ
☀️ Uncle’s Morning Brief｜10.8
━━━━━━━━━━━━━━━━━━
🪙 BTC around 83,200, ETH around 2,570.
BTC fell below 83K, ETH dropped nearly 5%, and liquidations over 24 hours totaled about $696 million.
🇺🇸 U.S. stocks ended their winning streak:
Dow -0.66%, S&P 500 -0.22%, Nasdaq -0.22%.
🇨🇳 A-shares reopen today after the holiday:
Trading volume was about 1.44 trillion yuan before the holiday. Today, watch trading volume and how well tech stocks hold up.
🇭🇰 Hong Kong and Asia-Pacific markets weakened:
Hang Seng -0.6%, Nikkei -0.92%, KOSPI nearly -2%.
🛢️ Oil prices and Treasury yields are back under the spotlight as sources of pressure:
Brent crude topped $102 intraday, while the 10-year Treasury yield briefly rose to 5.36%.
⚡ Uncle’s take:
Over the last two days of the holiday, global markets have shifted from risk-on to a more mixed picture.
As A-shares reopen today, don’t guess how much they’ll rise at the open. First, watch trading volume, tech stocks, and how much buying support comes in.
On the first day back, watch first—don’t rush to trade.
━━━━━━━━━━━━━━━━━━
$BTC $ETH $NVDA #NASDAQ