Nasdaq and BTC: today’s correlation is showing something
Let’s get through the US stock numbers first, then decide whether crypto follows.
These macro figures are current prices, not a recap:
S&P 500 7,377 (5-day -2.68%, Yahoo)
10-year Treasury 4.86% (5-day -0.72%)
US Dollar Index 102.28 (5-day +0.52%)
So: Nasdaq is down 3.37% over 5 days, lagging the S&P 500’s -2.68%. Growth stocks are falling behind. Chasing AI coins right now means catching the beta that US stocks have already started throwing away.
Crypto: BTC 75855 (-0.32%), funding rate 0.0057% (8h, Binance USDⓈ-M). ETH (-0.41%) is tracking BTC (-0.32%) closely; the exchange rate is 0.02952. There’s no independent price action, so don’t make a one-way bet on altcoins.
On the crypto side, watch just one thing: can BTC close above the 24h high of 76250? If it can’t, talk of following the rally is just bluster.
My position: waiting on the sidelines. Price hasn’t picked a direction, leverage hasn’t paid off, and opening a position now means working for the exchange.
Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. No filling in missing numbers.
If memes aren’t outperforming BTC, are you still holding them?
#宏观 #BTC #USStocks
Takeaway: During earnings season, listen to the guidance, not the CEO’s vision for next year.
Food for thought: Holdings down, price flat: reducing your position isn’t accumulation; the market hasn’t paid for a direction yet.
Data card (same snapshot as the main text; missing figures are marked with a dash):
BTC 75,855 -0.32% Binance spot 24h
ETH 2,239 -0.41% ETH/BTC 0.02952
S&P 500 7,377 -2.68% Yahoo 5-day
Nasdaq 24,579 -3.37% Yahoo 5-day
Dollar 102 +0.52% DXY 5-day
VIX 25.64 +21.23% Yahoo
Funding rate 0.0057% Open interest 7.28B (24h +0.27) Long/short 3.08 Binance USDⓈ-M
Supporting context: People are discussing “bitcoin OR stock market OR US stocks - Google News.” I’m using that only as background; the conclusion is still based on the figures in the main text.
Personal opinion; figures are from the sources in the main text. Not an instruction to place a trade.
$BTC $ETH $SOL
Let’s get through the US stock numbers first, then decide whether crypto follows.
These macro figures are current prices, not a recap:
S&P 500 7,377 (5-day -2.68%, Yahoo)
10-year Treasury 4.86% (5-day -0.72%)
US Dollar Index 102.28 (5-day +0.52%)
So: Nasdaq is down 3.37% over 5 days, lagging the S&P 500’s -2.68%. Growth stocks are falling behind. Chasing AI coins right now means catching the beta that US stocks have already started throwing away.
Crypto: BTC 75855 (-0.32%), funding rate 0.0057% (8h, Binance USDⓈ-M). ETH (-0.41%) is tracking BTC (-0.32%) closely; the exchange rate is 0.02952. There’s no independent price action, so don’t make a one-way bet on altcoins.
On the crypto side, watch just one thing: can BTC close above the 24h high of 76250? If it can’t, talk of following the rally is just bluster.
My position: waiting on the sidelines. Price hasn’t picked a direction, leverage hasn’t paid off, and opening a position now means working for the exchange.
Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. No filling in missing numbers.
If memes aren’t outperforming BTC, are you still holding them?
#宏观 #BTC #USStocks
Takeaway: During earnings season, listen to the guidance, not the CEO’s vision for next year.
Food for thought: Holdings down, price flat: reducing your position isn’t accumulation; the market hasn’t paid for a direction yet.
Data card (same snapshot as the main text; missing figures are marked with a dash):
BTC 75,855 -0.32% Binance spot 24h
ETH 2,239 -0.41% ETH/BTC 0.02952
S&P 500 7,377 -2.68% Yahoo 5-day
Nasdaq 24,579 -3.37% Yahoo 5-day
Dollar 102 +0.52% DXY 5-day
VIX 25.64 +21.23% Yahoo
Funding rate 0.0057% Open interest 7.28B (24h +0.27) Long/short 3.08 Binance USDⓈ-M
Supporting context: People are discussing “bitcoin OR stock market OR US stocks - Google News.” I’m using that only as background; the conclusion is still based on the figures in the main text.
Personal opinion; figures are from the sources in the main text. Not an instruction to place a trade.
$BTC $ETH $SOL