Two major events collided tonight: the Fed meeting minutes and Nvidia's earnings report were released simultaneously. The market estimates that over $320 billion will be in turbulent flux. This is no joke—now that the crypto market is so tightly bound to the US stock market, can Bitcoin and Ethereum remain unaffected? It's basically impossible.

The logic is actually quite clear: if the Fed sends hawkish signals (implying continued rate hikes or maintaining high interest rates), market liquidity tightens, and risk assets naturally come under pressure; however, if NVIDIA's earnings report exceeds expectations, and the AI concept heats up again, the sentiment in tech stocks and the crypto market may soar. When these two forces collide, it's like a clash of cold and warm air currents—something is bound to happen.

Looking back, in May when Nvidia's earnings report was explosive, Bitcoin did indeed rise by 5% that day, jumping from $67,000 to $71,000. But the good times didn't last long, as the subsequent Fed minutes were hawkish, bringing it back down to $65,000. This script may repeat.

If you have a position in hand, you need to think clearly about a few things now:

If you are heavily invested, take the opportunity to reduce some positions during a rebound, and don't exhaust all your bullets; keep a close eye on the market tonight, especially Nvidia's post-market data and the Fed's wording; in a volatile market, the worst thing is to harbor a sense of luck; set stop-losses where necessary and don't wait until it blows up to regret.

When news resonates, volatility can multiply. Opportunities and risks are both laid out there - either catch the rhythm to reap rewards, or observe and avoid risks. Don't run blindly in the storm. Stay calm and act only after seeing clearly.