Nasdaq extends intraday gains to 1.5%
- The Nasdaq 100 is now up 1.5%, with heavyweight tech stocks broadly gaining and risk assets recovering in tandem.
- Risk appetite in U.S. stocks is rebounding. Historically, it has had a relatively high correlation with intraday price action. Watch whether this can bring additional capital into the crypto market.
In the short term, can it use this momentum to hold above resistance? If trading volume fails to pick up, a pullback and consolidation are more likely. Are you bullish or bearish on this move?
$BTC $ETH $SOL
- The Nasdaq 100 is now up 1.5%, with heavyweight tech stocks broadly gaining and risk assets recovering in tandem.
- Risk appetite in U.S. stocks is rebounding. Historically, it has had a relatively high correlation with intraday price action. Watch whether this can bring additional capital into the crypto market.
In the short term, can it use this momentum to hold above resistance? If trading volume fails to pick up, a pullback and consolidation are more likely. Are you bullish or bearish on this move?
$BTC $ETH $SOL