U.S. stocks are practically taking off, while BTC is still grinding lower.
$SPCX in particular has surged straight past 170, with AI, tech, and space narratives all heating up. 🔥
What’s interesting is that risk appetite hasn’t disappeared, but capital clearly hasn’t flowed into crypto on a large scale yet.
So I’m actually not too worried about this pullback in BTC.
What’s really worth watching is this:
If U.S. stocks keep rising while BTC stays put,
it means capital is “picking assets” and currently favoring stocks.
But if U.S. stocks start moving sideways near their highs and BTC suddenly breaks above 87K on strong volume, the capital that’s been sitting on the sidelines may start looking for a new breakout opportunity.
Put simply:
It’s not that there’s no money—it just hasn’t made its way into crypto yet.
So in the short term, I’d rather wait for the right levels and consider shorting BTC and ETH to catch a pullback.
But if BTC breaks above 87K on strong volume, the bearish thesis will need to be reassessed.
At this stage, don’t rush to guess the top or bottom. Wait for capital to actually start rotating.
$SPCX in particular has surged straight past 170, with AI, tech, and space narratives all heating up. 🔥
What’s interesting is that risk appetite hasn’t disappeared, but capital clearly hasn’t flowed into crypto on a large scale yet.
So I’m actually not too worried about this pullback in BTC.
What’s really worth watching is this:
If U.S. stocks keep rising while BTC stays put,
it means capital is “picking assets” and currently favoring stocks.
But if U.S. stocks start moving sideways near their highs and BTC suddenly breaks above 87K on strong volume, the capital that’s been sitting on the sidelines may start looking for a new breakout opportunity.
Put simply:
It’s not that there’s no money—it just hasn’t made its way into crypto yet.
So in the short term, I’d rather wait for the right levels and consider shorting BTC and ETH to catch a pullback.
But if BTC breaks above 87K on strong volume, the bearish thesis will need to be reassessed.
At this stage, don’t rush to guess the top or bottom. Wait for capital to actually start rotating.