S&P 500 turns downward: Risk asset sentiment may be shifting

【BiTu】The S&P 500 index has turned downward. This signal is not simple — the volatility in US stocks directly affects the overall risk asset sentiment. Looking at the trend over the past few months, turbulence in traditional financial markets often precedes adjustments in the crypto market. A decline in the index indicates that market risk appetite is waning, and large capital is becoming cautious. Pay attention to whether the subsequent movement is a short-term correction or a deeper increase in risk aversion sentiment.