Under the double tailwinds of TNSR/CRM’s earnings that beat expectations and its expanded partnership with Anthropic, the stock surged. However, the current U.S.-stock market—where the index’s new highs are being carried mainly by a handful of mega-cap leaders like Microsoft and Nvidia—highlights the market’s fragile breadth. This kind of “narrow-stock bull market” can quickly transmit an index-level sentiment shock to risk assets once technology heavyweight stocks pull back. For the crypto market, CRM’s AI narrative reinforces the earnings certainty of “enterprise software + AI.” In the short term, it may siphon some capital into U.S. tech stocks, but if the Nasdaq adjusts due to concentration-risk concerns, BTC—an example of a high-beta risk asset—could be sold in tandem. At present, BTC is trading at $78,670, up slightly (about 0.0%–0.0%) over the past 24h, but it lacks independent upward momentum and is more likely to be constrained by U.S.-stock volatility. Trading idea: stay on the sidelines—don’t chase longs. Key resistance above: $80,000 (psychological level + prior dense trading area). Key support below: $76,500 (lower bound of recent range). If the U.S. market suffers a one-day drop of more than 1.5% due to worsening breadth, consider lightly shorting BTC toward around $76,000, with a stop-loss at $79,500. Conversely, if the Nasdaq keeps making new highs and BTC gains volume to hold above $79,000, abandon the short thesis and wait for a pullback to $77,500 before considering a short-term long setup. Position sizing should remain within 5% of total capital. What do you think about the “bloodletting” effect of AI stocks on the crypto market? Feel free to discuss in the comments section.