Today, the U.S. stock market, especially AI and semiconductor sectors, is still not looking great, dragging down the indices. Recently, I’ve written seven or eight related posts, all pinned at the top—you can check them out. A lot of friends who transitioned from crypto to U.S. stocks are still using a relatively rough approach. I find it hard to comment on that, but for U.S. stocks, data might hold even greater significance. For example, things like capital flow, reasons why institutions and hedge funds are pulling out of tech stocks, or where this round of retail investor funds is coming from—are there excessive margin loans or higher-leverage ETFs involved? These are all data points that can impact stock trends, especially now that the U.S. is still in a period of monetary tightening. High interest rates are inherently unfriendly. That said, compared to U.S. stocks, Bitcoin is performing pretty well today. Not only was it unaffected by MSTR selling bitcoin:native on Monday, but it even climbed to $64,000. I did see a theory in the English-speaking community suggesting this rally might be related to whether Trump’s accounts include Bitcoin. Of course, that’s just one perspective. In reality, we’ve been saying that starting from $60,000, Bitcoin’s buying sentiment has been very strong. Plus, yesterday’s spot ETF data showed that almost all institutions had net inflows. Although the amount isn’t huge, it indicates that traditional investors might be starting to pay attention to Bitcoin again. @Gate Crypto, U.S. stocks, Hong Kong stocks, Korean stocks, gold, CFDs, prediction markets—all-in-one trading platform.