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【Market News Highlights】Multi-asset volatility intensifies, cryptocurrencies test key levels
Digital Assets Continue to Decline, Bitcoin Approaches $94,000 Resistance
Bitcoin (BTC) remains volatile, currently trading at $93.88, up 1.02% over the past 24 hours. Market focus is on the technical levels of $91,400 and $94,000, with $94,000 becoming a crucial breakout point for bulls to regain control. Analysts indicate that the entire cryptocurrency market is still within an expanding wedge pattern. Although downward momentum is weakening, a true reversal signal requires the price to stabilize above $94,000.
Stock Futures Slightly Up, Tech Stocks Show Clear Divergence
Before the opening of the US stock market on December 30, the three major index futures all rose. Dow Jones futures increased by 0.01%, S&P 500 futures by 0.04%, and Nasdaq 100 futures by 0.05%. Individual stocks showed mixed performance: NVIDIA (NVDA) dipped slightly by 0.03%, while Tesla (TSLA) performed strongly, rising over 1.02% in pre-market trading. In overseas markets, Baidu (BIDU) surged nearly 5% pre-market, driven by progress in its autonomous vehicle business in the UK.
FOMC Minutes to Be Released Tonight, Dollar Outlook Uncertain
Market attention is shifting to the release of the FOMC minutes at 3:00 a.m. tonight. Industry expectations are that the document will reveal significant disagreements among Federal Reserve officials regarding the short-term interest rate path. If the minutes lean hawkish, it will reinforce expectations of tapering and rate hikes, benefiting dollar assets; conversely, if the tone is dovish, the dollar may face pressure.
Precious Metals Rebound After Deep Correction, Silver Leads Gains
Yesterday, precious metals experienced a sharp decline, with gold falling over 4% and silver dropping as much as 9%. Today, markets corrected: gold rose 0.94% to $4,373 per ounce, while silver rebounded more strongly, increasing 3.44% to $74.61 per ounce. Industry analysis points to increased margin requirements by CME, profit-taking by institutions, and year-end liquidity shortages as the main reasons for this correction. From a long-term perspective, both metals are still viewed as having further upside potential.
Geopolitical Tensions Rise, Crude Oil Gains for the Second Consecutive Day
International political risks continue to escalate. The US conducted drone operations at Venezuelan ports, increasing tensions between the two countries; Russia accused Ukraine of launching attacks. These events have boosted safe-haven demand, pushing oil prices higher. WTI crude oil rose 0.81%, closing at $58.27 per barrel; Brent crude increased 0.72%, settling at $61.69 per barrel.