IS JANE STREET BACK?

Something strange is happening.

For 4 straight sessions, $BTC has sold off right after the US market opened.

At the same time, stocks are pushing to fresh highs.

Normally, risk assets move together. Right now, they are telling two completely different stories.

Coincidence? Maybe.

But when the same move happens again and again, traders start paying attention.

Big money doesn't announce itself.

It leaves footprints.

The next few US opens could tell us a lot about who is really controlling short-term price action.

For now, one thing is clear:

The stock market is celebrating.

Bitcoin is not.