What Uncle Cat said is actually quite interesting. I remember that in the past, I often used data to tell everyone that BTC and the US stock market were largely consistent. At that time, it was still when Bitcoin followed the rise and not the fall, and then when BTC was significantly ahead. Today, the situation has reversed. Although we are still talking about the correlation between the US stock market and BTC, they are still consistent in the overall direction. At present, there is no systemic risk seen in the US stock market, and similarly, there is no systemic risk seen in cryptocurrency. The reason for the lack of upward momentum was also speculated in the homework yesterday, but this situation should still be rebalanced with the correction of the US stock market. Although not welcome, I still want to say that the current market liquidity is not enough to support the entire cryptocurrency market to achieve the kind of bull market that will last for 21 years. At most, BTC can break free from the 10-year slow bear of gold, while whether ETH can replicate BTC's path may still depend on the ideas of "Wall Street". PS: It is recommended that everyone take a closer look at the data of spot ETFs. The buyers of ETFs are highly correlated with the US stock market. Although they may also chase after the rise and fall, it can be seen that most investors have FOMO sentiment towards the current cryptocurrency market. This tweet is sponsored by @ ApeXProtocolCN | Dex With Apex