Wednesday Afternoon Market Analysis: Geopolitical Conflicts Spark Asset Fluctuations, Crypto Market Under Pressure

【Global Market Turmoil】Escalating geopolitical tensions between the US and Europe trigger a chain reaction. US stocks perform poorly, with the Dow plunging 900 points, erasing the year-to-date gains of the Nasdaq and S&P 500; Japan's bond market collapses, tech sector suffers a bloodbath with declines over 4%. This wave of shocks spreads throughout the entire financial system.

【Safe-Haven Assets Surge】Investors rush to escape risk assets. Gold and silver hit new highs simultaneously, becoming the market focus. Conversely, the US dollar and US Treasuries, typically safe havens, are being sold off—reflecting extreme market unease.

【Crypto Market Follows Suit】$BTC broke below 90,000 in the morning, was pressured initially, then rebounded. But beware—rebounds do not equal reversals. Technically, 90,500 is a key resistance level, with support below at 86,600. $ETH weakens in tandem, and $BNB is not spared. Smaller coins are even worse off, with $ETH falling below 3,000, with subsequent targets in the 2,860-2,680 range.

【Risk Reminder】Geopolitical situations remain uncertain; institutional research reports generally warn that escalating conflicts will continue to amplify market volatility. In such an environment, the most prudent approach is to strictly control positions and wait for clearer signals before making decisions.