The $BTC Recovery Is A Technical Trap. Watch This 0.84 Number. 🚨

The recovery feels good, but it’s built on sand. This isn't broad enthusiasm; it's tactical positioning against a brutal macro backdrop. We are still battling mixed labor reports and the Fed’s evolving rate outlook. While regulatory frameworks offer some support, the real danger is the 0.84 correlation between $BTC and the S&P 500 ($SPX). This means our fate is tied directly to TradFi sentiment. Until central bank commentary confirms a sustained shift, this bounce remains a temporary technical relief. 📉

#MacroAnalysis #BTC #Correlation #TradFi 📉

BTCUSDT

Perp

66,979.4

-1.39%

SPX

Alpha

0.27963

-4.99%