Nasdaq down 4% today, S&P500 -2.2%. Tech stocks getting absolutely slaughtered—$INTC -30% in a single day, $NVDA -5%, $AMD -11%.
$BTC holding surprisingly well around 76k despite the largest hack in crypto history. $ETH above 2200.
But here's the alpha: alts are putting in higher lows. $LINK, $AAVE, $ARB, $BEAM, $SUI—you'd expect them to crater harder, but they're showing relative strength vs past black swans. Good sign, but we need 4-5 more days of confirmation.
Clarity by Nov 10. Bears still have work to do.
$BTC holding surprisingly well around 76k despite the largest hack in crypto history. $ETH above 2200.
But here's the alpha: alts are putting in higher lows. $LINK, $AAVE, $ARB, $BEAM, $SUI—you'd expect them to crater harder, but they're showing relative strength vs past black swans. Good sign, but we need 4-5 more days of confirmation.
Clarity by Nov 10. Bears still have work to do.