$BTC When US stocks fall, it follows them down 😮💨
The Philadelphia Semiconductor Index fell another 3.4% on Monday, and BTC contracts hit a low of 76,641 overnight.
What surprised me more was that the share of Binance BTC contract accounts holding long positions actually rose to 72%.
Do you think 76,641 will hold this time, or will it drop further if US stocks fall again?
Not investment advice
The Philadelphia Semiconductor Index fell another 3.4% on Monday, and BTC contracts hit a low of 76,641 overnight.
What surprised me more was that the share of Binance BTC contract accounts holding long positions actually rose to 72%.
Do you think 76,641 will hold this time, or will it drop further if US stocks fall again?
Not investment advice