According to @CNBC, investors are positioning around three trades intended to withstand a tech stock downturn, signaling a more defensive risk posture in equities (source: @CNBC). For crypto traders, risk-off periods in tech have coincided with stronger equity‑crypto comovements, as the IMF documented a marked rise in BTC’s correlation with U.S. equities since 2020, reducing diversification benefits (source: IMF Global Financial Stability Note 2022). The BIS similarly reported tighter co-movement between crypto assets and technology stocks during market stress, which can amplify downside beta for digital assets when tech weakens (source: BIS Quarterly Review 2022). Until the specific trades are detailed, monitoring the BTC–Nasdaq rolling correlation and cross-asset volatility remains prudent given evidence of spillovers from tech-led selloffs into crypto (source: @CNBC; IMF Global Financial Stability Note 2022; BIS Quarterly Review 2022).