#数字资产动态追踪 $BTC this wave of market movement is interesting. The stock market has sent out several warning signals—5-day moving average bearish divergence, Bollinger Bands at high levels, and the VIX fear index still lingering at low levels—by conventional logic, these signals should heavily impact the crypto market. But in reality, the crypto circle seems to be indifferent.

The reason isn't complicated. First, the crypto market reacted early. While the stock market was still pondering whether to adjust, cryptocurrencies had already gone through a round of decline, digesting the volatility in advance. Second, the decline has reached a level that triggered positive buy signals like the 3-day moving average divergence, with some investors stepping in at low levels. Plus, these past two weeks coincided with holidays, resulting in light trading, and large funds didn't make many moves, so the stock indices naturally showed no significant downward trend.

But on the other hand, I still think we shouldn't be too optimistic. Once trading volume returns to normal, the reference significance of the stock market will increase. Looking at BTC's correlation with SPX, the macro trend is still in a downtrend, and this trend is unlikely to reverse in the short term. If there are any fluctuations in the stock market in the coming months, crypto assets will definitely be affected.

Currently, the stock market hasn't shown clear bear market signals, but short-term corrections are unavoidable—after such a long rally, a pullback is very normal. If there's a chance to appear in that strong zone this year, the 6,200 to 6,000 range is worth watching, and I will consider adding positions then. The main targets to watch now are: SPY, TSLA, PLTR, NVDA, and HOOD.