Nasdaq and BTC: today’s correlation is something else
Let’s read out the US stock numbers first, then decide whether crypto is following.
No guessing price levels today—just looking at numbers that have already come in.
Nasdaq 26,140 (5-day -4.48%, Yahoo)
Gold 4,181 (5-day -0.23%, Yahoo)
Transmission: 10-year yield 5.10%, down -2.71% over 5 days. Rates are moving lower, giving risk assets a window—but what matters is whether it lasts, not a single daily candle.
BTC 81630, 24h volume 0.56 billion USD. ETH/BTC 0.02965. ETH +0.37% is outperforming BTC +0.02%, with the exchange rate at 0.02965. This looks like risk appetite spilling over—not BTC acting alone.
Looking ahead: on the crypto side, I’m watching just one thing: can BTC close above its 24h high of 81821? If it can’t, talk of following the rally is just bluster.
My position: sitting on the sidelines. Price hasn’t picked a direction, and leverage hasn’t paid off. Opening a position now would just mean working for the exchange.
Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. Missing numbers are left out.
When meme coins aren’t outperforming BTC, are you still holding them?
#财报 #美股 #BTC
Useful takeaway: when listening to Powell, focus on whether the phrase “data dependent” has softened—not on the adjectives.
Inspiration: ETH underperforming BTC means capital is contracting; pause altcoin right-side entries for now.
Data card (same update as the main post; missing values are shown as dashes):
BTC 81,630 +0.02% Binance spot 24h
ETH 2,420 +0.37% ETH/BTC 0.02965
S&P 7,659 -1.95% Yahoo 5-day
Nasdaq 26,140 -4.48% Yahoo 5-day
Dollar 102 -0.78% DXY 5-day
VIX 19.99 +31.43% Yahoo
Funding rate 0.0040% Open interest 7.65B (24h -1.35) Long/short 1.7093 Binance USDⓈ-M
For context: people are discussing “bitcoin OR stock market OR US stocks - Google News.” I’m treating it only as background; the conclusion is still based on the numbers in the main post.
Personal opinion; figures are from the sources listed in the main post. Not a trading instruction.
$BTC $ETH $SOL
Let’s read out the US stock numbers first, then decide whether crypto is following.
No guessing price levels today—just looking at numbers that have already come in.
Nasdaq 26,140 (5-day -4.48%, Yahoo)
Gold 4,181 (5-day -0.23%, Yahoo)
Transmission: 10-year yield 5.10%, down -2.71% over 5 days. Rates are moving lower, giving risk assets a window—but what matters is whether it lasts, not a single daily candle.
BTC 81630, 24h volume 0.56 billion USD. ETH/BTC 0.02965. ETH +0.37% is outperforming BTC +0.02%, with the exchange rate at 0.02965. This looks like risk appetite spilling over—not BTC acting alone.
Looking ahead: on the crypto side, I’m watching just one thing: can BTC close above its 24h high of 81821? If it can’t, talk of following the rally is just bluster.
My position: sitting on the sidelines. Price hasn’t picked a direction, and leverage hasn’t paid off. Opening a position now would just mean working for the exchange.
Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. Missing numbers are left out.
When meme coins aren’t outperforming BTC, are you still holding them?
#财报 #美股 #BTC
Useful takeaway: when listening to Powell, focus on whether the phrase “data dependent” has softened—not on the adjectives.
Inspiration: ETH underperforming BTC means capital is contracting; pause altcoin right-side entries for now.
Data card (same update as the main post; missing values are shown as dashes):
BTC 81,630 +0.02% Binance spot 24h
ETH 2,420 +0.37% ETH/BTC 0.02965
S&P 7,659 -1.95% Yahoo 5-day
Nasdaq 26,140 -4.48% Yahoo 5-day
Dollar 102 -0.78% DXY 5-day
VIX 19.99 +31.43% Yahoo
Funding rate 0.0040% Open interest 7.65B (24h -1.35) Long/short 1.7093 Binance USDⓈ-M
For context: people are discussing “bitcoin OR stock market OR US stocks - Google News.” I’m treating it only as background; the conclusion is still based on the numbers in the main post.
Personal opinion; figures are from the sources listed in the main post. Not a trading instruction.
$BTC $ETH $SOL