Taking into account historical patterns and special factors in 2026, I predict that the most likely month for a significant correction (over 10%) in the US stock market is September 2026. Facing the risk of "triple stacking" in September 2026: Firstly, OpenAI is expected to go public in September, with the three major AI giants drawing approximately $200 billion from their IPO; Secondly, technology giants' buybacks have reached a freezing point, with Goldman Sachs data showing a 64% year-on-year decrease in the repurchase scale of the giant group; Thirdly, September is already the month with the most tight liquidity. When the largest IPO in history faces the disappearance of buybacks and seasonal liquidity tightening, the triple pressure will be concentrated and released in September. The transmission path of the sharp decline in the US stock market: the triple impact on the cryptocurrency market, the first being liquidity withdrawal; Second: Decreased risk appetite; Thirdly, the diversion of funds has intensified. The sharp decline in the US stock market will cause Bitcoin to hit an epic gold pit, and it is not impossible for the price to drop to around 38000 yuan.