According to @52kskew, BTC is being passively quoted higher today. Source: @52kskew on X, Nov 24, 2025. The move appears tied to ES, yet the relationship is not behaving like a normal correlation, pointing to someone forcing a correlation trade or a single correlation algorithm being switched back on. Source: @52kskew on X, Nov 24, 2025. This indicates correlation-driven flow is the key driver of BTC intraday price action today. Source: @52kskew on X, Nov 24, 2025.

According to @52kskew, S&P 500 E-mini futures (ES) printed a strong 4-hour close, signaling risk-on conditions, source: @52kskew. @52kskew adds that BTC will probably follow if it holds the weekly open and posts important closes, which are the stated requirements for a bounce, source: @52kskew.