According to CoinMeta, industry insiders suggest that the relatively strong performance of European stock markets, which is rare, may be coming to an end. For several weeks, European stock markets have outperformed other markets, but now some investors and strategists are beginning to question whether this upward trend can continue. They point out that compared to the U.S. stock market, European stock markets are already at relatively high valuations. Additionally, political instability, technical indicators showing signs of market overheating, and possible slowdowns in corporate profit growth could all be reasons for investors to avoid European stocks. Luca Polini, the chief strategist at Pinhao Asset Management, said, "After this round of gains, we are very cautious about the overall European stock market."