Journalist
Posted:
It looks like the market will enter the last month of the first quarter on a fresh note.
So far, back-to-back FUD moments ranging from manipulation fears and the DeepSeek-related crash to rate volatility have hit the market, wiping out nearly $1 trillion worth of crypto in just over a month.
However, the market now appears to be stabilizing. First, Jane Street’s alleged manipulation problem has been solved, which in turn strengthens investor confidence.
Building on this, Nvidias [NVDA] The earnings report couldn’t have come at a better time.
Source: TradingView (NVDA/USD)
According to the data NVDA’s Q4 report came in better than expected.
The company posted record quarterly revenue of $68.1 billion, while data center revenue rose +1,200%.
Gross margin remained strong at 75%, while free cash flow reached $34.9 billion, up nearly $20 billion year-over-year, highlighting a truly standout quarter.
What’s especially impressive is that despite the risky mood in the fourth quarter, NVDA still posted strong profits, cementing its unrivaled position in the AI-led economy and resisting the growing FUD surrounding tech stocks.
Naturally, this raises an important question: What does this development mean for risk assets, which are hot on the heels of rising AI concerns, especially as analysts warn of another potential DeepSeek-led crypto wipeout?
A bullish NVDA report could change sentiment
The stakes for a bullish NVDA were higher than many expected.
After seven consecutive weeks of red, the total crypto market capitalization It looks like the week will end in the green, up around 1.8% year to date.
That adds roughly $40 billion in just three days, indicating investors are slowly shifting back to a risk-oriented mindset.
Bitcoin [BTC] clearly reflects this change. An analyst noticed this that BTC open interest rose by $500 million, matching the 6.14% rally, showing that speculation goes hand-in-hand with the broader risk-on move.
Source: TradingView (BTC/USDT)
Against this backdrop, NVDA’s bullish report acted as a positive signal.
In terms of sentiment, the market is just four points away from re-entering the ‘fear zone’ after spending a month in extreme fear.
This reinforces what analysts see a constructive impact from the NVDA report in mitigating some of the AI-driven risks weighing on the market.
In this context, Bitcoin’s rising OI turned into a bullish signal, pushing the price closer to $70,000. All told, the current macro setup suggests that if momentum continues, a breakout beyond this key level could be next.
Final summary
- NVDA exceeds expectations and strengthens confidence in AI-driven technology, despite risky sentiment in the fourth quarter.
- After seven weeks of losses, the total crypto market cap adds $40 billion in three days, signaling a possible breakout as sentiment shifts to risk-on.