The Nasdaq 100 has officially entered correction territory
Closed down about 1.39% on November 2
At around 27,989 points
Down more than 10% from its early-October high
A technical correction is now confirmed
This is the third time this year it has fallen into this pit
The triggers are the same familiar ones
Questions over returns on AI capital spending
Mixed earnings from tech giants, with both wins and disappointments
Semiconductors and high-valuation growth stocks are taking a hit together
The index is hovering near its 200-day moving average
If it falls below that, it will be more than just a brief bout of jitters
When the Nasdaq enters correction territory
Crypto rarely escapes unscathed
When risk appetite pulls back
Bitcoin and Ethereum are often among the first assets trimmed as high-beta positions
It’s not that the fundamentals suddenly turned bad overnight
It’s that pricing driven by dollar liquidity changed first
$BTC $ETH
#纳斯达克100指数进入调整区间 #纳指调整 #Risk appetite
Closed down about 1.39% on November 2
At around 27,989 points
Down more than 10% from its early-October high
A technical correction is now confirmed
This is the third time this year it has fallen into this pit
The triggers are the same familiar ones
Questions over returns on AI capital spending
Mixed earnings from tech giants, with both wins and disappointments
Semiconductors and high-valuation growth stocks are taking a hit together
The index is hovering near its 200-day moving average
If it falls below that, it will be more than just a brief bout of jitters
When the Nasdaq enters correction territory
Crypto rarely escapes unscathed
When risk appetite pulls back
Bitcoin and Ethereum are often among the first assets trimmed as high-beta positions
It’s not that the fundamentals suddenly turned bad overnight
It’s that pricing driven by dollar liquidity changed first
$BTC $ETH
#纳斯达克100指数进入调整区间 #纳指调整 #Risk appetite