🚨ATTENTION🚨

❌The SP500 appears OVERBOUGHT according to various METRICS

🚀Despite its CORRELATION with #crypto, it's important to consider the times #Bitcoin ROSE while the SP500 FELL

🔻47.3% of investors see the SP500 as BEARISH, the largest amount since November 2023

🔻The cash levels of institutional investors FELL to 3.5%, the lowest level in 15 YEARS.

🔻In the past, this was a SELL SIGNAL for U.S. stocks

🔻The market capitalization of U.S. stocks relative to M2 reached 289%, the highest level since the dot-com bubble

🔻The RSI, an indicator that measures overbought and oversold levels, is above 70, indicating OVERBOUGHT

👉Let's look at some of the times the SP500 fell while $BTC ROSE

▪️May 2019: Bitcoin rose more than 60% that month, while the S&P 500 experienced a drop of 6%.

▪️March 2020: During the onset of the pandemic, the SP 500 fell nearly 32%, while Bitcoin, after an initial drop, recovered and closed the month with a 30% increase

▪️October 2023: The SP 500 experienced a drop of around 2% over a couple of weeks, while Bitcoin rose approximately 10% during the same period

▪️January 2025: At the beginning of this year, the SP 500 fell 3% in a short period, while Bitcoin increased nearly 2.51% on the day

📍While the CORRELATION between the SP500 and $BTC is somewhat constant, there are times when DIVERGENCES are seen