US stocks panic, BTC becomes a hedging tool? (Data analysis & strategy sharing)
🚨 Recently, SP500 has remained high and has not shown a significant retracement, but the price of BTC has been slow to stabilize at 100,000.
The difference between the rise and fall of BTC and SP500, which have always been linked in the early stage, is also continuing to expand
Among the several data that I focus on, the VIX index (commonly known as Wall Street's "fear index"), which measures the short-term volatility of US stocks, is about to approach the threshold of irrational prosperity.
🔑Therefore, it is inferred that funds in the US stock market that are considered to be currently more risky are beginning to seek hedging and begin to enter the BTC market to short
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And the BTC market has the characteristic of not closing, which can greatly hedge the impact of events during the US stock market closure on the US stock market.
🔑My strategy
1. There may be more selling pressure in the BTC market in the future, especially when the US stock market faces a pullback, so when the US stock market begins to show a pullback signal, open a BTC short position for hedging
2. If the US stock market pullback causes BTC emotional panic to aggravate the market oversold, it is a good time to buy
