3.23 Global stock market crash, crypto rebound not over 1. Following the breakdown of rising US/A-shares, Japan and South Korea indices both plunged over 4% in early trading. Historically, surging crude oil prices have always led to bear markets, with inflation transmitting into economic recessions. 2. The sharp drop in gold and silver is due to profit-taking and the delay in rate cuts causing a spike in bond yields, leading to the sell-off of non-interest-bearing assets. 3. BTC's rebound is not over. As long as it doesn't fall below 65600, it remains in a bottom-lifting upward consolidation.