☀️ Morning News Update · September 13
In the previous trading session, the S&P 500 rose 0.86% to 7,657 points, and the Nasdaq gained 0.96% to 26,333 points. However, over the past week and month, both indexes still ended slightly lower—this rebound looks more like a short-term rebound from oversold conditions. In the Asian morning session, markets will likely follow U.S. stock sentiment and edge higher in tandem. The VIX has fallen to 15.8, down more than 11% in a single day, showing a clear cooling in panic sentiment. Yet over the past week it has still risen cumulatively, suggesting the market has not truly relaxed. U.S. August inflation is approaching the rate-hike critical point, and the 10-year Treasury yield is nearing 5%. On top of that, Bitcoin futures open interest has decreased by about $1 billion over the past 24 hours, with leverage being flushed out by the CPI-driven move—liquidity pressure remains. Today, risk appetite is only slightly recovering, but with the stock-bond seesaw effect, crypto and other high-leverage assets are likely to underperform the equity index. Chasing longs should be done cautiously.
Overnight, there were no assets that moved up or down more than 10%, so the market is calm.
None of the 12 levels mentioned earlier has been reached. They’ll keep hanging there—we’ll wait.
U.S. stocks rebounded, but BTC is stuck at $77,285, up just +0.01% over 24 hours—almost no movement. This is divergence: risk appetite is back, but crypto hasn’t caught up. It’s being held back on the liquidity side—the 10-year Treasury yield is at 4.975%, up +3.1 basis points on the day and pressing toward 5%, which raises the cost of holding BTC. Add in the fact that leverage has just been cleared by the CPI move, and in the short term there’s no reason to expect BTC to play catch-up; the risk-reward of chasing longs is low.
$BTC $XAU $XAG #BTC #Macro
Ahead of the market open, are you more focused on the direction of interest rates, or whether last night’s unusual moves can continue?
I trade U.S. stocks for 3 years—only came to this because Binance can do U.S. stocks too. There are two reports every morning and evening, so you can keep an eye on them.
In the previous trading session, the S&P 500 rose 0.86% to 7,657 points, and the Nasdaq gained 0.96% to 26,333 points. However, over the past week and month, both indexes still ended slightly lower—this rebound looks more like a short-term rebound from oversold conditions. In the Asian morning session, markets will likely follow U.S. stock sentiment and edge higher in tandem. The VIX has fallen to 15.8, down more than 11% in a single day, showing a clear cooling in panic sentiment. Yet over the past week it has still risen cumulatively, suggesting the market has not truly relaxed. U.S. August inflation is approaching the rate-hike critical point, and the 10-year Treasury yield is nearing 5%. On top of that, Bitcoin futures open interest has decreased by about $1 billion over the past 24 hours, with leverage being flushed out by the CPI-driven move—liquidity pressure remains. Today, risk appetite is only slightly recovering, but with the stock-bond seesaw effect, crypto and other high-leverage assets are likely to underperform the equity index. Chasing longs should be done cautiously.
Overnight, there were no assets that moved up or down more than 10%, so the market is calm.
None of the 12 levels mentioned earlier has been reached. They’ll keep hanging there—we’ll wait.
U.S. stocks rebounded, but BTC is stuck at $77,285, up just +0.01% over 24 hours—almost no movement. This is divergence: risk appetite is back, but crypto hasn’t caught up. It’s being held back on the liquidity side—the 10-year Treasury yield is at 4.975%, up +3.1 basis points on the day and pressing toward 5%, which raises the cost of holding BTC. Add in the fact that leverage has just been cleared by the CPI move, and in the short term there’s no reason to expect BTC to play catch-up; the risk-reward of chasing longs is low.
$BTC $XAU $XAG #BTC #Macro
Ahead of the market open, are you more focused on the direction of interest rates, or whether last night’s unusual moves can continue?
I trade U.S. stocks for 3 years—only came to this because Binance can do U.S. stocks too. There are two reports every morning and evening, so you can keep an eye on them.
