Nasdaq Poised for a "Crash" 📉

I've been warning across major platforms that the U.S. stock market has topped out since 24K. Looking back, all my predictions have come to pass as expected.

The last pullback was 25%, and this wave is also expected to be around 25%, so watch the 18K-20K range for U.S. stocks next.

🤌What impact does a major U.S. stock market correction have on cryptocurrency?

Bitcoin is now essentially like tech stocks in the U.S. market. Over the past year-plus, the correlation coefficient between BTC and the Nasdaq has frequently fluctuated between 0.5-0.8, and has even hit 0.7+ multiple times recently. This means when the Nasdaq falls, BTC will likely follow suit with a high probability, rather than trading independently or inversely as it did in the early days.

Logic: Nasdaq plunges → Tech stock selloffs → Overall risk asset sentiment deteriorates

Summary: In the short term, without regulatory or policy-driven tailwinds, the crypto market will struggle to fully decouple from U.S. stocks.