Analysis of technology stocks recovering boosts risk sentiment Bitcoin rebounded slightly after hitting recent lows

After Micron Technology announced optimistic financial results and Qualcomm gave a positive performance outlook, the sentiment in the technology sector rebounded significantly, driving market risk appetite to rebound and alleviating previous concerns about the cooling of AI transactions. Driven by this, Bitcoin rebounded after hitting a 20-month low, rallying 0.3% to US$61,106, and once dropped to US$59,062 during the session. The current market focus is turning to the upcoming release of U.S. PCE inflation data, which may affect the Federal Reserve's subsequent interest rate policy expectations and further influence the trend of risky assets.