$BTC hasn't broken down as hard as US equity futures yet, but ETF flows lag, and OI/funding/liq data varies across exchanges—short-term play is de-leveraging, not chasing direction.
Nasdaq futures -1.3%, S&P -0.5%, 10Y yield pushing 4.97%, Brent crude above $107. Dollar strong, gold pulling back. Market's pricing: oil-driven inflation → higher rates longer.
SK Hynix -5%+, AI memory getting valuation-crushed but thesis isn't dead yet.
My take: Watch $BTC prior lows for support, don't chase bounces. Wait for US yields and oil to roll over before talking about risk-on leg two.
Nasdaq futures -1.3%, S&P -0.5%, 10Y yield pushing 4.97%, Brent crude above $107. Dollar strong, gold pulling back. Market's pricing: oil-driven inflation → higher rates longer.
SK Hynix -5%+, AI memory getting valuation-crushed but thesis isn't dead yet.
My take: Watch $BTC prior lows for support, don't chase bounces. Wait for US yields and oil to roll over before talking about risk-on leg two.