BIT Official(@BITofficial_EN):📊 #BITDailyChart | Nasdaq at a Crossroads Momentum has turned negative for the Nasdaq following the postponement of OpenAI’s IPO, the end of “tokenmaxing,” and growing pressure from lower-cost Chinese open-source LLM alternatives. Yet from a technical perspective, the index has reached oversold levels that have historically preceded a rebound or renewed uptrend. While we continue to lean toward an ongoing correction, technical reversal indicators suggest that a potential turning point may be near. Disclaimer: This content is provided by a contracted analyst for informational purposes only and does not constitute investment advice. Investing involves risk. #BIT #Nasdaq #OpenAI #ArtificialIntelligence #TechStocks #TechnicalAnalysis

2026.07.28 03:45

📊 #BITDailyChart# | Nasdaq at a Crossroads Momentum has turned negative for the Nasdaq following the postponement of OpenAI’s IPO, the end of “tokenmaxing,” and growing pressure from lower-cost Chinese open-source LLM alternatives. Yet from a technical perspective, the index has reached oversold levels that have historically preceded a rebound or renewed uptrend. While we continue to lean toward an ongoing correction, technical reversal indicators suggest that a potential turning point may be near. Disclaimer: This content is provided by a contracted analyst for informational purposes only and does not constitute investment advice. Investing involves risk. #BIT# #Nasdaq# #OpenAI# #ArtificialIntelligence# #TechStocks# #TechnicalAnalysis#