With the opening of the US stock market, the cryptocurrency market has shown a significant synchronized downtrend. Bitcoin (BTC) and Ethereum (ETH) have performed particularly strikingly, especially Bitcoin, which, after a slight rebound yesterday, directly fell below the key support level of $11,300 today, moving towards the previous low.

Market participants are now focused on the future direction of the U.S. stock market, which could determine the short-term trend of the cryptocurrency market. If BTC can hold the previous low of $11,190, the market might maintain relative stability. However, if this key support level is broken, investors will have to turn their attention to the round number of $11,000 and the support level of $10,800, seeking new market structure and bottom formation.

It is worth noting that this wave of market fluctuations seems to be related to broader macroeconomic events. After experiencing a day of oversold recovery, the US stock market appears to be digesting the impact of Trump's latest interview, reassessing the value of various assets. This again highlights the interconnectedness of global financial markets and the profound influence of political events on market sentiment.

For cryptocurrency investors, closely monitoring cross-market correlations and significant international events will help better understand and predict market trends. In this rapidly changing environment, maintaining vigilance and a flexible investment strategy is especially important.