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IBM surges 11% after hours! An unexpected signal excites the crypto market
Recently, something interesting happened in the traditional market.
IBM surged over 11% after hours.
Many people think this has nothing to do with the crypto market.
In fact, the connection might be bigger than imagined.
Because the capital market has an emotional transmission effect.
When tech stocks continue to strengthen, risk appetite usually rises in tandem.
As risk appetite increases, some funds will further flow into high-volatility assets.
And cryptocurrencies fall into this category.
In the past few years, the US stock market and BTC have repeatedly shown correlated rises.
Although not every time in sync, the directions often influence each other.
Therefore, what’s truly worth paying attention to about IBM’s rise is not the stock itself.
But the change in the reflected market sentiment.
If the tech sector continues to strengthen, the overall market risk appetite may further rebound.
And a rebound in risk appetite often presents a potential bullish signal for the crypto market.
So don’t underestimate a stock’s big surge.
Sometimes, it’s a microcosm of the entire market sentiment shift. #Saylor暗示增持BTC