😨 Over $200 Billion Wiped Out from China’s Stock Market China’s stock market just experienced a sharp correction, with more than $200 billion in market capitalization erased in a very short period of time. Selling pressure spread across multiple sectors, reflecting growing uncertainty in global investor sentiment. Although it is not directly related to crypto, this shock still has an indirect impact on risk assets: 📉 Rising global risk-off sentiment 💵 Investors becoming more cautious with capital allocation 🔗 Crypto markets may face short-term pressure from macro conditions Major assets like $BTC, $ETH, $SOL are often sensitive to liquidity shocks from traditional markets, especially in periods where there is no clear trend. Recently, global financial markets have been relatively “tense,” with frequent volatility across major regions such as the US, China, and Asia. 👉 The team will continue updating more macro developments like this to help provide a broader perspective across both stocks and crypto, not just looking at one side of the market. #BTCBreaks5MonthDowntrend #ICEBacksOKXOilPerps #ExchangeOSGoesLive