Many friends who have just entered the market stare at the 5-minute K-line every day. They get excited when it rises and curse the market makers when it falls. But I tell you, if you do not understand 'macro liquidity' and do not know the trends of American Tech Funds, you will forever be 'blindfolded' in this market.
Today, I won't talk about vague indicators; instead, let's discuss the 'ultimate driving force' behind your account balance—the net inflow of American Tech Funds. This article is recommended for collection, as it may be the most practical content you can find in Binance Square that combines macroeconomics with practical operations.
Chapter 1: The 'Communicating Vessels' Effect of Funds - Why does Apple drop, and Bitcoin has to kneel?
On this day in 2026, cryptocurrency is no longer the 'digital gold' independent of the world. With the widespread adoption of spot ETFs, Bitcoin has already completed its 'Americanization'.
1.1 Who is buying?
The current main buyers are asset management companies (like BlackRock, Fidelity) and various pension funds. The logic of these institutions is simple: risk preference (Risk-on / Risk-off).
Funds flowing into tech funds: Market sentiment is optimistic, and everyone is willing to buy high-risk, high-growth assets.
Funds flowing out of tech funds: The market feels uneasy, and since Bitcoin's volatility is usually 3-5 times that of Nasdaq, it will be sold first as a 'liquidity ATM'.
1.2 Case Review: Liquidity Drought in Early 2026
At the end of January this year, the Federal Reserve's comments about tapering triggered massive redemptions in tech stock funds.
Phenomenon: QQQ (Nasdaq 100 ETF) has seen net outflows of over 2 billion dollars for 5 consecutive days.
Linkage: During the same period, Bitcoin plummeted from the $98,000 mark directly down to $85,000.
Mistake of novices: Many people desperately searched for negative news in the crypto circle that day, only to find out it was actually due to the 'blood loss' in the U.S. tech base leading to a liquidity chain collapse.
Chapter 2: Must-read for novices: How to discover 'institutions are fleeing' through data?
Don't listen to the 'KOLs' on Twitter shouting randomly; we need to look at the real data.
2.1 Key Indicators: Premium Rate and Inflow Volume
If you see that before the U.S. stock market opens, the Coinbase premium becomes negative, and at the same time, the estimated outflow from tech funds is increasing, this is a signal that institutions are selling off.
2.2 The 'Death Loop' of Fund Flows
Stage One: Tech giants' earnings reports fall short of expectations (e.g., NVIDIA's growth slows).
Stage Two: Tech funds face redemption pressure and are forced to sell their best liquid assets.
Stage Three: Cryptocurrency, as a 24-hour trading asset, becomes the preferred choice for institutions to close positions.
Stage Four: Retail panic follows the trend, leverage gets blown up, and prices irrationally drop.
Chapter 3: Practical Suggestions: What should you do when tech funds experience significant blood loss?
This part is worth millions in practical summary, please read carefully.
Suggestion One: Don't be a 'lone warrior', go with the trend.
When net outflows from U.S. tech funds exceed 3 days, left-side bottom fishing is strictly prohibited. Many novices think 'it's dropped so much, it should bounce back', only to end up catching falling knives.
Operation: Wait for tech stocks to stabilize, or enter the market the day after QQQ shows a large-volume bullish candle.
Suggestion Two: Focus on 'negatively correlated' safe-haven assets.
If tech funds are flowing out, but funds are flowing into stablecoin (USDT/USDC) minting, this indicates that capital is just waiting on the sidelines, ready to bottom-fish; if capital leaves the exchange directly, then prepare for winter.
Suggestion Three: Hedging strategies for contract players.
If you have a hedging need, when you see the Nasdaq plunge, you can hedge appropriately. Don't resist hard, because in the face of macro selling pressure, any technical support level is as thin as paper.
Chapter 4: Summary and Outlook - How do we survive in 2026?
The crypto world is no longer that simple 'buy-and-wait-for-rise' era. We must learn to be 'cross-market' investors.
The flow of U.S. tech funds is the 'pulse' of the market.
