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#ETH巨鲸扩大持仓 Several market signals came late at night, worth following.
On the US stock market, the Nasdaq is leading the charge upward, with the tech sector performing brilliantly. Nvidia surged nearly 2% in pre-market trading, Tesla followed with a rise of 1.23%, and Google jumped even more, soaring 4% to hit a new all-time high—thanks to their Gemini 3 Pro model taking the top spot globally, market sentiment has been ignited. This wave of enthusiasm in tech stocks will somewhat spill over into the crypto space.
The performance of Chinese concept stocks is not looking good. The NASDAQ Golden Dragon China Index fell over 1.3%, Li Auto dropped more than 3%, Xiaopeng also fell over 2%, and Kingsoft Cloud was hit the hardest, plummeting nearly 7%. There is a clear differentiation in the sector.
Gold has surpassed the $4,100 mark, with an increase of over 1%. The U.S. trade deficit data for August has been released, showing $59.6 billion, which is better than expected, with a slight increase in exports and a significant drop in imports. The economic data unexpectedly provided a bit of warmth.
The political scene is a bit lively. Trump fired shots during his meeting with the Saudi crown prince, directly stating that he wants to get rid of Powell, criticizing him for "always making wrong decisions and performing terribly," and even nicknamed him "Mr. Too Late." He revealed that Powell's term ends in May next year, and he is already interviewing new candidates for the Federal Reserve chair. This kind of public pressure will undoubtedly increase market volatility.
There are two things to keep an eye on tonight: NVIDIA's after-hours earnings report, with Wall Street predicting net profit and revenue to grow over 50%. If the data is good, the market will continue to be high, but if it falls short of expectations, it may turn down immediately. The other is the release of the Federal Reserve's meeting minutes at 3 AM Beijing time, along with the September non-farm payroll and GDP data, which directly relates to whether there will be a rate cut in December. However, the data is incomplete now, and the opinions within the Federal Reserve are not unified, so the rate cut is still uncertain.
In summary: tech stocks are pulling the Nasdaq up, while Chinese concept stocks are lagging behind; Trump is pressuring the Federal Reserve, and the intertwining of Nvidia's earnings report and interest rate cut expectations suggests that the market may not be very calm tonight. $ETH These crypto assets may hold opportunities, and it all depends on how these key events unfold.