🚨 China just doubled down on stock market support
Beijing's making moves to stabilize their equity markets. More liquidity injections incoming.
This matters for crypto:
- CNY liquidity → risk-on flows
- Capital controls still tight but watch for spillover
- If Chinese retail gets confident again, alt szn could heat up
Keep eyes on $BTC correlation to Asian equity opens. When trad markets pump in the East, crypto usually follows 4-6 hours later.
Beijing's making moves to stabilize their equity markets. More liquidity injections incoming.
This matters for crypto:
- CNY liquidity → risk-on flows
- Capital controls still tight but watch for spillover
- If Chinese retail gets confident again, alt szn could heat up
Keep eyes on $BTC correlation to Asian equity opens. When trad markets pump in the East, crypto usually follows 4-6 hours later.