Glassnode data shows Bitcoin's correlation with the S&P 500 reached 0.80 over the last 30 US sessions, far above the levels seen since 2020 as macro forces dictate price action.

ETH at $1592.57 shows bearish trend yet bullish divergence on 4h chart ahead of Clarity Act, with BTC correlation and accumulation zones below $1505.

According to @CryptoMichNL, ETH has broken out above $3,100 and is consolidating in a pattern similar to Bitcoin, signaling potential trend continuation (source: @CryptoMichNL on X, Jan 7, 2026). He notes ETH has clearly reclaimed the 21-day moving average, which he views as confirmation of a new uptrend as long as price holds above it (source: @CryptoMichNL on X, Jan 7, 2026). Based on this setup, he identifies the next target zone at $3,800 in the coming weeks, with $3,100 and the 21-day MA as key levels to watch for trend validation (source: @CryptoMichNL on X, Jan 7, 2026).

According to Andre Dragosch, global money supply is at a new all-time high, challenging simple liquidity-driven explanations for recent BTC moves, Source: Andre Dragosch on X, Dec 30, 2025. He states that the historical correlation between BTC and central bank liquidity measures such as net liquidity and bank reserves has been rather low, Source: Andre Dragosch on X, Dec 30, 2025. Based on this, traders should be cautious about using central bank liquidity as a standalone signal for BTC direction and consider multi-factor frameworks instead, Source: Andre Dragosch on X, Dec 30, 2025. In practice, this suggests prioritizing market-specific drivers over assumed tight beta to central bank balance sheets when building BTC risk models, Source: Andre Dragosch on X, Dec 30, 2025.

According to Charlie Bilello, BTC traded in lockstep with the Magnificent Seven until the last two months, and over the past year BTC is down 11% while the Mag 7 is up 26% (source: Charlie Bilello on X, Dec 5, 2025). This recent two-month decoupling implies a materially lower short-term BTC–Mag 7 correlation than earlier this year, which directly impacts traders running equity-beta exposure and pair trades tied to Big Tech momentum (source: Charlie Bilello on X, Dec 5, 2025). Given the highlighted divergence, traders may tighten risk on BTC–equity correlation strategies, monitor spread mean reversion between BTC and a Mag 7 basket, and recalibrate hedges that assumed a high positive correlation (source: Charlie Bilello on X, Dec 5, 2025). The source explicitly asks whether the divergence is temporary or a broken relationship, so near-term positioning can prioritize correlation tracking and relative performance triggers over directional assumptions (source: Charlie Bilello on X, Dec 5, 2025).

According to @paoloardoino, the brief post reading 'S&P be like' highlights attention on S&P 500 price action but provides no specific levels or guidance, functioning as a sentiment cue rather than a trade call. Source: Paolo Ardoino on X, Nov 27, 2025. For crypto traders, S&P 500 moves have shown periods of positive correlation with BTC in recent years, so monitoring S&P futures can help frame short-term Bitcoin bias during risk-on/off shifts. Source: CME Group Research, 2023.

According to @KobeissiLetter, the 30-day correlation between Bitcoin (BTC) and the Nasdaq 100 is about 0.80, the highest since 2022 and the second-highest in the past decade, signaling strong alignment with US tech stocks source: @KobeissiLetter. According to @KobeissiLetter, the correlation has stayed mostly positive over the past five years, lifting the 5-year BTC–Nasdaq correlation to 0.54 while correlations to cash and gold are essentially zero source: @KobeissiLetter. According to @KobeissiLetter, BTC is increasingly behaving like a leveraged tech stock, a regime that makes Nasdaq 100 moves highly relevant for crypto positioning and risk control source: @KobeissiLetter.