Nasdaq and BTC: today’s correlation has something to it
GOOGL buzz is picking up again—let’s talk through it a bit more.
What happened in US stocks over the weekend.
The fiscal deficit is a slow variable, but once call options auctions turn weak, the dollar and US Treasuries will send signals first.
If the White House and Congress change their stance on spending and tariffs, the market typically hits tech and the export supply chain first.
How that transmits to the crypto market: BTC 81188 (-0.09%), PCE cools off → rate-cut expectations heat up → the US dollar weakens → BTC gets a boost.
Right now, it’s suitable to trim positions over the weekend. Wait until Monday’s open clarifies the direction before coming back.
If it pulls back, where would you buy?
#美股 #政策 #BTC
This is for personal observation only and does not constitute investment advice.
GOOGL buzz is picking up again—let’s talk through it a bit more.
What happened in US stocks over the weekend.
The fiscal deficit is a slow variable, but once call options auctions turn weak, the dollar and US Treasuries will send signals first.
If the White House and Congress change their stance on spending and tariffs, the market typically hits tech and the export supply chain first.
How that transmits to the crypto market: BTC 81188 (-0.09%), PCE cools off → rate-cut expectations heat up → the US dollar weakens → BTC gets a boost.
Right now, it’s suitable to trim positions over the weekend. Wait until Monday’s open clarifies the direction before coming back.
If it pulls back, where would you buy?
#美股 #政策 #BTC
This is for personal observation only and does not constitute investment advice.