US stock technicals: look at levels before direction
Don’t use last week’s rate-cut story to explain today’s market.
Calculate technical levels from today’s highs and lows; don’t force old support levels onto the chart.
Crude oil 85.59 (5-day -1.45%, Yahoo)
US Dollar Index 102.97 (5-day +1.29%)
BTC 24h high 74811 / low 73390, current price 73629. The dollar is strong at +1.29% over 5 days, while BTC is -0.32%—they’re moving in the same direction. Don’t talk about a reversal before the dollar turns around.
ETH is -1.00%, weaker than BTC at -0.32%; the exchange rate is 0.02782. Funds are rotating into BTC, so wait for confirmation before considering altcoins.
Next, watch whether the 10-year yield can stabilize. If yields keep climbing, I’ll treat rebounds in growth stocks and BTC as pullbacks.
My position: staying on the sidelines. Price hasn’t picked a direction, and leverage hasn’t paid off. Opening a position now would be 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 figures are not filled in.
Would you dare add to your position at this funding rate?
#美股 #技术面 #BTC
Takeaway: A stronger DXY drains global dollar liquidity, not just from US stocks.
Food for thought: VIX<16: you can follow sentiment during a slow grind higher in US stocks; reduce your futures position by one notch first.
Data card (same update as the main text; missing values are shown as dashes):
BTC 73,629 -0.32% Binance spot 24h
ETH 2,048 -1.00% ETH/BTC 0.02782
S&P 7,619 -0.90% Yahoo 5-day
Nasdaq 25,466 -1.05% Yahoo 5-day
Dollar 103 +1.29% DXY 5-day
VIX 17.49 -37.93% Yahoo
Funding rate 0.0076% Open interest 7.22B (24h -2.08) Long/short 2.7383 Binance USDⓈ-M
For context: people are discussing “bitcoin OR stock market OR US stocks” - Google News. I use it only as background; the conclusion is still based on the figures in the main text.
These are my personal views; see the sources in the main text for the figures. This is not a trade instruction.
$BTC $ETH $SOL
Don’t use last week’s rate-cut story to explain today’s market.
Calculate technical levels from today’s highs and lows; don’t force old support levels onto the chart.
Crude oil 85.59 (5-day -1.45%, Yahoo)
US Dollar Index 102.97 (5-day +1.29%)
BTC 24h high 74811 / low 73390, current price 73629. The dollar is strong at +1.29% over 5 days, while BTC is -0.32%—they’re moving in the same direction. Don’t talk about a reversal before the dollar turns around.
ETH is -1.00%, weaker than BTC at -0.32%; the exchange rate is 0.02782. Funds are rotating into BTC, so wait for confirmation before considering altcoins.
Next, watch whether the 10-year yield can stabilize. If yields keep climbing, I’ll treat rebounds in growth stocks and BTC as pullbacks.
My position: staying on the sidelines. Price hasn’t picked a direction, and leverage hasn’t paid off. Opening a position now would be 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 figures are not filled in.
Would you dare add to your position at this funding rate?
#美股 #技术面 #BTC
Takeaway: A stronger DXY drains global dollar liquidity, not just from US stocks.
Food for thought: VIX<16: you can follow sentiment during a slow grind higher in US stocks; reduce your futures position by one notch first.
Data card (same update as the main text; missing values are shown as dashes):
BTC 73,629 -0.32% Binance spot 24h
ETH 2,048 -1.00% ETH/BTC 0.02782
S&P 7,619 -0.90% Yahoo 5-day
Nasdaq 25,466 -1.05% Yahoo 5-day
Dollar 103 +1.29% DXY 5-day
VIX 17.49 -37.93% Yahoo
Funding rate 0.0076% Open interest 7.22B (24h -2.08) Long/short 2.7383 Binance USDⓈ-M
For context: people are discussing “bitcoin OR stock market OR US stocks” - Google News. I use it only as background; the conclusion is still based on the figures in the main text.
These are my personal views; see the sources in the main text for the figures. This is not a trade instruction.
$BTC $ETH $SOL