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Just saw a reminder from the Ministry of Foreign Affairs at 18:30:15 advising Chinese citizens to evacuate Iran. It’s recommended that Chinese citizens refrain from traveling to Iran for now—there’s a bit of a tense atmosphere.
The market took a slide + US stocks also dipped slightly before the open as a sign of respect.
I looked into historical patterns and found that on June 17, 2025, the Ministry of Foreign Affairs issued a similar warning. At that time, BTC dropped from 104k to 100k, and after about four or five days and peace talks, the decline stopped.
Considering $NVDA ’s poor performance after yesterday’s earnings report + the upcoming release of DeepSeek V4, tech stock holdings have probably been feeling uncomfortable these days. Storage, being a major upstream component for Nvidia, is likely to be affected as well.
Personally, I think when the macro environment is tough, it’s better to rest more and focus on simpler, more comfortable activities.