Nvidia-Backed Anthropic Signs $3.5 Billion Deal

Nvidia-backed Anthropic's $3.5 billion deal confirms robust demand in the AI sector and could positively contribute to Nvidia's growth potential. Technically, the price is slightly below the 20-day moving average but above the 50-day average, indicating that the medium-term trend remains intact. The RSI is balanced around 50, and while the MACD is below the signal line, it remains in positive territory, offering no clear short-term directional signal. Despite a 2.66% decline over the last 24 hours, news flow and support levels increase the likelihood of a short-term rebound. However, due to uncertainties, I refrain from expressing high confidence.

The news could increase overall risk appetite in the crypto market as a positive signal for the artificial intelligence sector. JST's technical indicators also support this positive sentiment; with RSI at 55 in neutral territory and MACD below the signal line, the price is holding above the SMA20. In the short term, an upward move is possible, but volume and overall market conditions will be decisive. Therefore, with cautious optimism, the direction is upward, with moderate confidence.

ANET stock has fallen 5.9% in the last 24 hours, with the RSI at 36 indicating weak momentum. The MACD is in negative territory and below the signal line, suggesting that short-term selling pressure may persist. The price has closed below the 20-day and 50-day moving averages, which negatively impacts the technical outlook. Although the news headline is not directly related to ANET, an Nvidia-backed deal could intensify competition in the sector and create uncertainty regarding demand for networking hardware. In the short term, the price may find support in the $185-$190 range, but there is no strong signal for an upward move.