Analyst: The sharp rise and fall in the U.S. stock market is worrying

According to ChainCatcher, citing Golden Ten Data, U.S. tech stocks saw a sharp decline on Tuesday, but there was a slight pre-market rebound before Micron Technology released its earnings report. Michael McCarthy, a market analyst at Australia's Moomoo Securities, stated, "Over the past seven trading days, the market price movements have been concerning—not only during declines but also during upward trends." He pointed out that when the market experiences such rapid fluctuations in either direction, it is a signal of instability.