Nasdaq and BTC—today’s correlation has something going on
There’s no new narrative in U.S. stocks today—only the day’s gains and losses.
For technical levels, use today’s high and low; don’t force-fit old support/resistance.
Crude oil 90.98 (5-day -1.55%, Yahoo)
U.S. Dollar Index 101.22 (5-day +0.25%)
BTC 24h high 85650 / low 82900, current price 84422. The 10Y U.S. Treasury yield is 5.25%, up another +1.72% over 5 days. The long-end is draining liquidity, so valuation stories for growth stocks and BTC have to step aside.
ETH is -0.62% over 24h, weaker than BTC’s +0.51%, FX rate 0.03205. Funds are shrinking into BTC; watch before acting on altcoins on the right-hand side.
VIX is now 15.85. If it breaks above 18, I’ll cut the futures position in half—I won’t argue with the U.S. stock closing prices.
My position: only do pullback trades, not breakout chase orders. If the structure hasn’t broken, keep the core position; adding should wait for the pullback setup.
Data: Binance spot 24h / Binance USD-quoted / Yahoo daily (5-day change). Missing numbers aren’t filled in.
When memecoins haven’t outperformed BTC, are you still holding them?
#美股 #技术面 #BTC
Data check (same batch as the main text; what’s missing is the hyphen):
BTC 84,422 +0.51% Binance spot 24h
ETH 2,706 -0.62% ETH/BTC 0.03205
S&P 7,714 +0.11% Yahoo 5-day
Nasdaq 27,068 +0.49% Yahoo 5-day
Dollar 101 +0.25% DXY 5-day
VIX 15.85 +1.15% Yahoo
Fee 0.0084% Open interest 7.90B (24h +1.47) Long/Short 1.1801 Binance USD-quoted
Side note: out there, people are discussing “"bitcoin OR stock market OR 美股" - Google News”. I’m using it only as background; the conclusion still relies on the numbers in the main text.
My personal view—numbers are from the sources in the main text. Not trading instructions.
There’s no new narrative in U.S. stocks today—only the day’s gains and losses.
For technical levels, use today’s high and low; don’t force-fit old support/resistance.
Crude oil 90.98 (5-day -1.55%, Yahoo)
U.S. Dollar Index 101.22 (5-day +0.25%)
BTC 24h high 85650 / low 82900, current price 84422. The 10Y U.S. Treasury yield is 5.25%, up another +1.72% over 5 days. The long-end is draining liquidity, so valuation stories for growth stocks and BTC have to step aside.
ETH is -0.62% over 24h, weaker than BTC’s +0.51%, FX rate 0.03205. Funds are shrinking into BTC; watch before acting on altcoins on the right-hand side.
VIX is now 15.85. If it breaks above 18, I’ll cut the futures position in half—I won’t argue with the U.S. stock closing prices.
My position: only do pullback trades, not breakout chase orders. If the structure hasn’t broken, keep the core position; adding should wait for the pullback setup.
Data: Binance spot 24h / Binance USD-quoted / Yahoo daily (5-day change). Missing numbers aren’t filled in.
When memecoins haven’t outperformed BTC, are you still holding them?
#美股 #技术面 #BTC
Data check (same batch as the main text; what’s missing is the hyphen):
BTC 84,422 +0.51% Binance spot 24h
ETH 2,706 -0.62% ETH/BTC 0.03205
S&P 7,714 +0.11% Yahoo 5-day
Nasdaq 27,068 +0.49% Yahoo 5-day
Dollar 101 +0.25% DXY 5-day
VIX 15.85 +1.15% Yahoo
Fee 0.0084% Open interest 7.90B (24h +1.47) Long/Short 1.1801 Binance USD-quoted
Side note: out there, people are discussing “"bitcoin OR stock market OR 美股" - Google News”. I’m using it only as background; the conclusion still relies on the numbers in the main text.
My personal view—numbers are from the sources in the main text. Not trading instructions.