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.