Asian Open Shadowed by US AI Concerns

Although JST has risen 3.5% in the last 24 hours, the RSI at 54 remains in neutral territory and the MACD is trading very close to its signal line. While the price has managed to stay above the 20- and 50-day moving averages, AI-related concerns in the US affecting the Asian open could dampen overall risk appetite in the crypto market. In the short term, there is no clear directional signal, resulting in a neutral outlook.

Asian markets are being impacted by US artificial intelligence concerns. NVDA shares have fallen 4.5% in the last 24 hours, with the RSI at 40, indicating that selling pressure may persist. The MACD line is below the signal line and in negative territory, pointing to short-term weakness. The price is below the 20-day moving average and has diverged significantly from the 50-day average. This technical outlook, combined with negative news flow, suggests that the downtrend could continue in the near term.

The news headline indicates that Asian markets are being affected by US artificial intelligence concerns. This could create short-term pressure on AI-focused stocks such as AMD. Technically, the price is trading below the 20-day moving average (350.61), and the RSI is in neutral territory at 45.8. The MACD remains below the signal line, confirming weak momentum. However, since the price is above the 50-day moving average (340.50), the downside may be limited.

Microsoft (MSFT) shares declined 2.35% in the last 24 hours, closing at $413.71. The RSI stands at 46.5, indicating a neutral but bearish bias. The MACD line is below the signal line and in negative territory, suggesting short-term weakness. While the price remains above the 20-day moving average ($411.85), it trades below the 50-day moving average ($418.69). Headlines regarding AI concerns in Asia may pressure the technology sector, potentially sustaining MSFT's bearish trend in the near term.