QVX macro correlation – let's debate.
BTC sits at 76,850 with QVX pointing SHORT into support at 75,568 — a level we've watched absorb sell pressure all week. Resistance at 80,962 remains untested. Semiconductor, memory, and crypto equities are all selling off pre-market (SanDisk -6%), and that risk-off read-through is hard to ignore. Desk positioning stays defensive until this resolves 💼
Where do you see the first real bid stepping in?
BTC sits at 76,850 with QVX pointing SHORT into support at 75,568 — a level we've watched absorb sell pressure all week. Resistance at 80,962 remains untested. Semiconductor, memory, and crypto equities are all selling off pre-market (SanDisk -6%), and that risk-off read-through is hard to ignore. Desk positioning stays defensive until this resolves 💼
Where do you see the first real bid stepping in?