A few quick thoughts before the U.S. market opens

Don’t use last week’s rate-cut story to explain today’s market.

Use today’s highs and lows for technical levels; don’t force old support levels onto the chart.

U.S. Dollar Index 103.19 (5-day +1.51%)
Gold 3,905 (5-day -5.08%, Yahoo)

BTC 24h high 73738 / low 67568, current price 68260. The Nasdaq is up +4.32% over 5 days, outperforming the S&P 500 at +3.25%. Risk appetite is still focused on growth stocks—not a broad-based bull market. If crypto is following, it’s following the Nasdaq’s volatility, not the Dow.

ETH at -6.64% is holding up better than BTC at -7.21%; exchange rate 0.02801. This looks like risk appetite spilling over—not BTC acting alone.

Next, watch whether the 10-year yield can stabilize. If yields keep climbing, I’ll treat the rebounds in growth stocks and BTC as retracements.

My position: I’m not buying the first dip. Until the decline leads to lower open interest, every move on the way down is catching a falling knife.

Data: Binance spot 24h / Binance USDⓈ-M / Yahoo daily chart (5-day change) / altme_fng / mempool_fees / defillama_chains / coingecko_trending. Missing figures are left blank.
When meme coins aren’t outperforming BTC, are you still holding them?

#美股 #技术面 #BTC

Takeaway: Analyst price targets are a narrative; actual trades happen on the order book.
Food for thought: The dollar has strengthened over 5 days, but BTC is still up—treat it as an independent move, and discount its staying power.

Data card (same update as the main text; missing values are marked with a dash):
BTC 68,260 -7.21% Binance spot 24h
ETH 1,912 -6.64% ETH/BTC 0.02801
S&P 500 7,592 +3.25% Yahoo 5-day
Nasdaq 25,366 +4.32% Yahoo 5-day
Dollar 103 +1.51% DXY 5-day
VIX 18.70 -27.07% Yahoo
Funding rate 0.0029% Open interest 6.82B (24h -5.61) Long/short ratio 3.0667 Binance USDⓈ-M

Additional context: People elsewhere are discussing “bitcoin OR stock market OR U.S. stocks - Google News.” I’m treating that only as background; my conclusions are still based on the figures in the main text.

Personal opinion; figures are from the sources listed in the main text. Not an order to trade.

$BTC $ETH $SOL