Asian equities bleeding hard. $650B+ wiped out overnight.
🇰🇷 KOSPI -5.5%
🇯🇵 Nikkei -3.1%
🇨🇳 Shanghai -2%
🇹🇼 Taiwan -1.5%
Semiconductor and AI names getting crushed. Investors rotating out of last year's strongest narrative.
This bleeds into crypto. When global risk appetite shifts, $BTC follows liquidity and positioning changes.
Two scenarios:
1. Healthy reset after parabolic run
2. Start of broader risk-off
Liquidity is the tell. When trad markets move this violent, alpha shows up on both sides.
Stay sharp.
🇰🇷 KOSPI -5.5%
🇯🇵 Nikkei -3.1%
🇨🇳 Shanghai -2%
🇹🇼 Taiwan -1.5%
Semiconductor and AI names getting crushed. Investors rotating out of last year's strongest narrative.
This bleeds into crypto. When global risk appetite shifts, $BTC follows liquidity and positioning changes.
Two scenarios:
1. Healthy reset after parabolic run
2. Start of broader risk-off
Liquidity is the tell. When trad markets move this violent, alpha shows up on both sides.
Stay sharp.