Today, the U.S. stock market finally reopened, and this is the real test of the week.


$BTC $64104 is still grinding, $ETH has barely moved, $SOL has outperformed everyone for two consecutive days, +3.58%, quite impressive.
Funding rates remain negative, with bears paying longs, and the long-short ratio has quietly dropped from 1.76 to 1.63, a group of people waiting for a dip.
This structure is actually quite interesting; if BTC doesn't break its level, these bears could become potential rebound fuel. But if the U.S. stock market continues to digest hawkish expectations and drops tonight, BTC will find it hard to pretend it didn't see it.
There are no new changes on the macro front; the rate cut narrative is dead, gold remains stable, the yen is weak, and BTC needs a new story to surge significantly.
The most important trading advice today is to not make reckless moves; wait until the U.S. stock direction becomes clear. Using leverage to bet on the trend at such times isn't trading—it's gambling.
DYOR, not investment advice.
BTC0.16%
ETH0.95%
SOL1.31%
GLDX0.95%
PAXG0.66%
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