Plate rotation is more worth tracking than the index’s rise and fall

The US stock market heat is back up—let’s talk along that line for a few minutes.

From the close of US stocks last Friday to this weekend, a few events need to be put in order.

The weekly structure hasn’t broken, but the consecutive long upper wicks on the daily chart indicate that sell pressure from above is still present.

In the Dow’s weightings, industrial and financial names are rotating in the turnover; the index looks stable, but internally it’s rotating.

Compared with the crypto market: BTC 85930 (+1.78%), ETH 2743. BTC is strengthening on its own, but altcoins aren’t moving—this suggests liquidity is contracting, not really adding as new capital.

You could consider reducing positions in batches, keeping your risk exposure within no more than 1.5x of your account equity.

If there’s a pullback, where would you buy in?

#美股 #技术面 #BTC

For personal observation only and does not constitute investment advice.