[Analyst Says Market Shifts to Risk-Off Mode, Focus on Fed Minutes and Nvidia Earnings] Cryptoquant analyst Axel stated that the current stock market is rising in sync with volatility in interest rates and credit markets, signaling a comprehensive shift to risk-off mode. Funds and institutional investors are beginning to reduce portfolio risk exposure. Gold prices have fallen for four consecutive trading days, currently retreating to the $4,033 level, as investors focus on several delayed U.S. economic data releases this week. The Federal Reserve meeting minutes, set to be released at 3 a.m. Thursday (UTC+8), may provide guidance on the interest rate path. Nvidia will release its Q3 earnings report at 5 a.m. Thursday (UTC+8). As a core indicator in the AI sector, its performance has triggered market nervousness.