Brothers, this market is so magical! The US stock market has fallen so much that its mother has not recognized it, but Bitcoin is rushing up like a monkey. Who wrote this script? It's so exciting!
The US stock market crashed, but Bitcoin took off. The financial market has been in a complete mess in the past two days. The S&P 500 and Nasdaq in the US stock market fell like they had taken laxatives. Bitcoin gave the US stock market a slap in the face and rushed to $88,500 (a one-month high).
The US dollar index fell below the floor (hitting its lowest level since March 2022) and gold soared to $3,393 (a record high). This picture is so beautiful: gold rose, Bitcoin rose, US stocks fell, and the US dollar fell. It was like a doomsday survival battle royale!
Are Bitcoin and U.S. stocks going to "divorce"?
In the past five years, Bitcoin and Nasdaq have been inseparable, and the K-line charts are just like copy and paste. Why? Because in the eyes of Wall Street, Bitcoin is a "high-risk goblin".
But now the situation is not right. In the past ten days, Bitcoin has risen like taking Viagra, while the S&P 500 has been sliding down. The correlation coefficient between Bitcoin and the stock market has fallen off a cliff. This is the rhythm of separation! Bitcoin has finally figured it out: follow the US stock market every day, and go hungry for three days. It might as well go solo!
Trump, the living ancestor, has been doing a lot of things recently: 1. First he increased tariffs 2. Then he wanted to remove Powell 3. He directly overturned the Fed table. This indirectly caused the market to explode: "If the Fed was run by Trump's family, wouldn't it be used as an ATM?" Result: The US dollar index plummeted by more than 100 points, directly falling below the 98 mark. The US dollar has fallen by nearly 10% this year. The inner OS of central banks of various countries: Overweight US dollar assets in the past decade, now this posture... a large-scale fan withdrawal and retaliatory scene!
Gold is too expensive, Bitcoin is taking over? Spot gold is hitting a record high, but Bitcoin is moving in lockstep with gold! Why? The current price of gold is similar to the price of Shenzhen Bay One (ordinary people can’t afford it)
Bitcoin, the "gold substitute", has suddenly become popular: the total number of bitcoins is fixed at 21 million, which is more scarce than gold, and transfers do not require escort. To put it bluntly, the common people think: "If you can't afford gold, you can still play with Bitcoin."
Yesterday, Bitcoin broke through the 86,000-88,000 range with a big positive line, but the old hands all understand:
This is called the "vacuum effect" (the bears hid in advance), and the dealer pulled up the price like a bar opening champagne (to attract newbies to follow suit), and when it reaches around 88,400... the bears laughed sinisterly: "The leeks have taken the bait!"
Program trading robots run faster than anyone else (closing positions in microseconds), and it is expected that there will be a correction, at least 5-10 candlesticks, and the entire ABC three-wave decline may be bad. Brothers, don’t be happy about the current rise, be careful of the list of people to be pulled later!
The terrifying chain reaction of a weaker dollar
In Europe: The euro has risen by 11% this year, but German factories are almost shut down. With the euro still rising, export companies are about to jump off buildings collectively. It feels like the Great Depression of the 1930s: countries competed to devalue their currencies, and in the end the global economy was ruined.
Trump is still happy that the depreciation of the US dollar can promote exports... He doesn't think about it: tariffs are as high as city walls, and the depreciation of the US dollar will only make imported goods more expensive. Ordinary people have to take out loans to buy toilet paper. This is a typical "kill 800 enemies and lose 1,000 of your own" Trump economics!
Finally, let me tell you the truth
The global financial market is now like Trump’s haircut – a mess! If Bitcoin can really “divorce” from the US stock market this time, it will be a major event that will rewrite history.
But a word of advice to you brothers: Watching the show is fine, but risking your life in the end? Take it easy! The banker's sickle is much faster than you think!