#数字资产行情上升 Yesterday, the Asia-Pacific market was quite volatile— the Nikkei 225 plummeted 844.72 points in one go, a drop of 1.63%, closing at 51,117.26 points. This recent decline has indeed been quite fierce.

In comparison, the neighboring Korean KOSPI performed relatively steadily, only slightly down by 0.93 points, a decline of 0.02%, closing at 4,550.13 points, basically oscillating within a range.
The simultaneous correction of the two major indices in Japan and South Korea is worth pondering. The over 1% drop in the Nikkei directly dampened the overall sentiment of the Asia-Pacific market, and many traders on Twitter are discussing whether this is overextending the pessimistic expectations for the US stocks tonight. To be honest, there are no signs that the correlation among major global markets has weakened recently; volatility in one region quickly transmits to others.
Whether the market can stabilize later depends mainly on how the funds move next. If US stocks also weaken further, Asia-Pacific markets might face another round of downward pressure. Conversely, if Europe and the US stabilize or rebound tonight, there could be room for recovery in the Asia-Pacific declines. In any case, we need to keep watching.