According to Crypto Rover on Twitter, Bitcoin has reached a new all-time high against the Nasdaq100, highlighting Bitcoin's strong relative performance compared to leading U.S. tech stocks (source: Crypto Rover, May 9, 2025). This development signals increased investor confidence in crypto assets over traditional equities, which could drive more capital inflows into Bitcoin and the broader cryptocurrency market. Traders should watch for heightened volatility and potential breakout patterns as institutional and retail interest in crypto gains momentum.

According to Mihir (@RhythmicAnalyst), the NASDAQ index has responded to a valid interim resistance, indicating a normal market behavior. Traders are advised to adhere to the projected path as it aligns with historical patterns of resistance levels, which can offer potential entry or exit points. Recognizing these resistance levels is critical for traders aiming to optimize their strategies in the NASDAQ market. For more insights, traders can analyze historical data on the NASDAQ's reactions to similar resistance points.