The Pain Is Real

🇺🇸 The S&P 500 just pushed above 7,800 for the first time ever, printing another all-time high.

Meanwhile, Bitcoin is sitting around 50% below its ATH.

That gap explains a lot of the frustration in crypto right now.

Stocks are celebrating record highs while many crypto holders are still waiting for their bags to recover. It feels like the money is flowing everywhere except crypto.

But markets don’t move together forever.

If liquidity rotates back into risk assets and crypto catches up, this kind of huge performance gap can become the fuel for a serious move.

For now, though, yeah… crypto holders have every reason to feel frustrated.