【BlockBeats】Recently, the pullback in Ethereum and the entire crypto market has been attributed by many to geopolitical events. However, some market observers point out that this explanation doesn’t hold—there is a lack of actual support.
The real reason is actually more complex. On the US stock side, the technology sector is rebalancing, with large tech stocks rotating with other sectors, which is the main culprit. Additionally, the global bond market has been heavily selling off, causing a global asset plunge on Tuesday, with bonds being the main culprit.
Interestingly, various parties are also busy trying to stabilize the situation. Japan’s Finance Minister, along with Bessent, has taken action to stabilize Japanese and US government bonds. Over across the ocean, Trump is also not idle, continuously sending calming signals to the stock market.
In simple terms, the current situation is that bond market volatility is increasing pressure on global risk assets, and policies from various countries are actively responding. The performance of Ethereum and Bitcoin is more driven by this global risk wave.
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Degentleman
· 6h ago
Bonds are the real culprit. The geopolitical explanations are indeed unsubstantiated. The fundamental reason for the suppression of ETH is the rotation in technology and bond market sell-offs.
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SigmaValidator
· 7h ago
The bond storm is indeed fierce this time; it feels like our cryptocurrencies have become casualties in the bond market.
ETH really got caught in the crossfire this time; the geopolitical event explanations are just too absurd.
Wake up, everyone, and look at how the US bonds are playing out—we can't escape this.
In plain terms, it's a major reshuffle of risk assets; no matter how strong the bulls are, they can't withstand the pounding from the bond market.
How long can policy interventions save the situation? That's the real key issue.
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ColdWalletGuardian
· 7h ago
Bond defaults are the real culprit; the geopolitical rhetoric is just shifting the blame.
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ForkYouPayMe
· 7h ago
Bond crashes are the real culprit; the geopolitical explanations are really weak.
Once again dragged down by macro factors, the rotation in the tech sector directly pulled us under.
Market rescue is still on the way, and with such proactive policies, ETH still has to endure the beating.
This wave is purely collateral damage, joining global risk assets in being buried together.
The bond market has exploded, and you still want stability in the crypto circle? Dream on.
ETH's short-term decline: Is it due to tech sector rotation or a bond storm?
【BlockBeats】Recently, the pullback in Ethereum and the entire crypto market has been attributed by many to geopolitical events. However, some market observers point out that this explanation doesn’t hold—there is a lack of actual support.
The real reason is actually more complex. On the US stock side, the technology sector is rebalancing, with large tech stocks rotating with other sectors, which is the main culprit. Additionally, the global bond market has been heavily selling off, causing a global asset plunge on Tuesday, with bonds being the main culprit.
Interestingly, various parties are also busy trying to stabilize the situation. Japan’s Finance Minister, along with Bessent, has taken action to stabilize Japanese and US government bonds. Over across the ocean, Trump is also not idle, continuously sending calming signals to the stock market.
In simple terms, the current situation is that bond market volatility is increasing pressure on global risk assets, and policies from various countries are actively responding. The performance of Ethereum and Bitcoin is more driven by this global risk wave.