According to @CNBC, Goldman Sachs traders are telling clients to keep an eye on underperforming tech “fallen angels” as the new year approaches, implying potential set-ups for early-January reversion trades in lagging NASDAQ names (source: CNBC tweet, Dec 24, 2025). Historical seasonality shows prior-year losers often rebound in early January—the January effect—providing a tactical backdrop for monitoring beaten-down tech baskets (source: Rozeff and Kinney, Journal of Financial Economics, 1976; Haug and Hirschey, Financial Analysts Journal, 2006). Given the post-2020 increase in stock–crypto correlations, any risk-on rebound in tech could coincide with stronger BTC and ETH performance, so traders may align crypto beta with equity momentum signals (source: International Monetary Fund, “Crypto Prices Move More in Step With Stocks,” 2022; IMF Working Paper on equity–crypto spillovers, 2022).