🚨 The market is entering a double stress test Next week could be crucial for both crypto and equities. ₿ Bitcoin: $BTC is holding near $78K after one of its strongest weeks in years. More interestingly, #Bitcoin and gold are showing strength while high Treasury yields continue to pressure tech. 📊 NVIDIA + Jackson Hole: two events will test the two pillars supporting this market: NVIDIA → AI growth Jackson Hole → cost of money Strong NVIDIA guidance + a softer Fed could revive risk-on. Weakness in either could trigger more volatility. 🇨🇳 China & geopolitics: tensions around Iran and the Strait of Hormuz remain a major energy risk. Higher oil prices mean higher inflation — and potentially tighter monetary policy for longer. 🤖 AI: the bottleneck is shifting from models to physical infrastructure: Memory → GPUs → Networking → Power → Cooling → Data Centers 🎯 My view: watch the divergence between Bitcoin and Nasdaq. If $BTC can hold near $80K while tech remains under pressure, #BTC may increasingly be trading as an alternative monetary asset, not simply another high-beta tech trade. https://app.hyperliquid.xyz/join/TRADERID #BTC Price Analysis#
