Bitcoin stops falling + Risk assets warm up: Global markets temporarily bid farewell to the selling wave and welcome a breather
On December 2, Bloomberg reported that the previously pressured global markets are experiencing a brief "recovery"—as the sentiment of selling risk assets cools down, the stock markets collectively rebound, and Bitcoin's halt in its decline has become a signal of the market's shift in sentiment.
Previously, global risk assets underwent a round of intensive selling, and even the U.S. stock market, which had performed well since May, encountered a heavy setback on Monday. However, this downward trend did not continue: S&P 500 index futures warmed up first, rising 0.3% on that day, signaling the market's beginning to recover the losses from last week's gains.
European and Asian stock markets also followed suit, with the Nasdaq 100 index futures recording a rise of 0.4%.
The signals from the cryptocurrency market are equally positive: Bitcoin, which had previously experienced downward volatility, has stopped its decline, and although there has not been a significant rebound, the trend of "no longer probing lower" coincides perfectly with the current market's tone of "a marginal easing of risk-averse sentiment."
From a market logic perspective, this warming up appears more like a short-term repair after "selling fatigue"—there are neither new significant positive stimuli nor a complete reversal of previous cautious expectations, but for investors, this "breather" at least temporarily alleviates the ongoing pressure.
The subsequent trend still needs to be observed in terms of core variables such as inflation data and policy direction, but for now, the global market has finally temporarily bid farewell to the rhythm of "continuous declines."
