Even if US stocks open higher tonight, I won’t chase.

Ahead of the open, Nasdaq index futures are up about +0.45%, but this is a rebound after yesterday’s tech selloff—not a sign that risk appetite has fully returned.
The real issue is that the oil-price shock is pushing inflation and rate expectations higher again, and high-multiple AI is still facing valuation compression.
The signal from BTC is more direct: after a stretch of continuous inflows, yesterday the US spot BTC ETF suddenly flipped to net outflows of $225 million—marginal capital has already changed.
My personal view: tonight’s US market will likely show “a higher open followed by divergence,” and BTC is likely to stay relatively weak in the short term.
In terms of execution, I won’t chase a higher-open Nasdaq move, and I’m not in a hurry to catch BTC.
If even the most sensitive asset, BTC, isn’t willing to price in Risk-On early, then I’d rather interpret a single rebound bullish candle in US stocks as an opportunity to reduce exposure—not the start of a brand-new trend.