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

86,605.1

+0.19%

SPX

Alpha

0.51778

+2.59%