The Asian market exploded as soon as it opened today.
The South Korean stock market fell painfully during the day, with the Seoul Composite Index directly falling below 4%, and the Nikkei 225 also couldn't hold up, dropping over 2%. Even more shocking, the Korea KOSPI 200 futures plummeted more than 5%, triggering the "Sidecar" at 9:46 AM - that's the emergency pause mechanism for algorithmic sell orders, the last time we saw this was back in April this year.
This time, the chip sector is leading the decline. Concerns about valuation bubbles are spreading like a virus, with SK Hynix down 5.48% and Samsung Electronics also unable to withstand a 4.58% drop. This wave of adjustments in tech stocks may cause traditional markets and the crypto circle to tremble together.
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NotGonnaMakeIt
· 11-07 21:27
The bear market came so quickly.
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ForeverBuyingDips
· 11-07 13:42
The familiar trap is here to buy the dip again.
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SatoshiHeir
· 11-05 23:52
It should be pointed out that, based on the three-body game theory, the market Fluctuation is to be expected.
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ChainDoctor
· 11-05 01:58
big dump is right, empty is profit
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MysteryBoxOpener
· 11-05 01:46
The market has collapsed again, who can withstand it?
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LiquidationWatcher
· 11-05 01:44
here we go again... flashbacks to that brutal april liquidation cascade ngl. check ur margins asap fam
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DefiSecurityGuard
· 11-05 01:42
critical dump pattern detected. all signals point to coordinated exploit across asian markets. stay frosty
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InfraVibes
· 11-05 01:39
It's that time of the year again in South Korea for hair pulling.
The Asian market exploded as soon as it opened today.
The South Korean stock market fell painfully during the day, with the Seoul Composite Index directly falling below 4%, and the Nikkei 225 also couldn't hold up, dropping over 2%. Even more shocking, the Korea KOSPI 200 futures plummeted more than 5%, triggering the "Sidecar" at 9:46 AM - that's the emergency pause mechanism for algorithmic sell orders, the last time we saw this was back in April this year.
This time, the chip sector is leading the decline. Concerns about valuation bubbles are spreading like a virus, with SK Hynix down 5.48% and Samsung Electronics also unable to withstand a 4.58% drop. This wave of adjustments in tech stocks may cause traditional markets and the crypto circle to tremble together.