Clear selling pressure is emerging, and the bears’ next target appears to be a retracement toward the USD 73,000 area. In this way, the EMA50 has shifted from support into resistance, while bulls may attempt to regain the USD 78,000–80,000 zone, provided sentiment across equity markets improves.

Source: xStation5
Daily Summary: From Panic to Euphoria. The Market Recoups Losses.
US OPEN: Falling Oil Prices and Dip-Buying Fuel Rebound as Nvidia falls
Economic Calendar: Nvidia at the Center of a Spying Scandal; Oil Prices Fall After Trump's Remarks📆
Morning Wrap: Taiwan and Asia Are Halting the Chip Crash Despite the Nvidia Espionage Scandal 💡