Nasdaq has been stuck around 26,865 for a while. From the daily chart, the resistance level is right here, with support below at 24,000. Currently, the index shows some signs of loosening, and it seems like it will test the strength of the support.
The crypto market moves very closely with this, whenever the stock index moves, cryptocurrencies follow. At this position, Bitcoin, both spot and futures, should be cautious—it's better not to rush into long positions above 95,000. Let’s see if Nasdaq can hold the 24,000 support first; if it breaks, we need to tighten our defenses.
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MEVvictim
· 8h ago
If 24,000 really breaks, we'll have to buy the dip. If the Nasdaq really crashes this time, I'm actually not afraid.
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JustAnotherWallet
· 8h ago
If NASDAQ really breaks 24,000, the crypto market might plunge along with it. Only the brave dare to get in now.
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NFTArchaeologis
· 8h ago
The barrier of 26,865 is like an ancient city gate—holding steady means holding steady, and once it loosens, it triggers a chain reaction. Bitcoin's dance with stock indices looks more like an unavoidable duet. I wonder how long I can hold the line at 95,000.
Nasdaq has been stuck around 26,865 for a while. From the daily chart, the resistance level is right here, with support below at 24,000. Currently, the index shows some signs of loosening, and it seems like it will test the strength of the support.
The crypto market moves very closely with this, whenever the stock index moves, cryptocurrencies follow. At this position, Bitcoin, both spot and futures, should be cautious—it's better not to rush into long positions above 95,000. Let’s see if Nasdaq can hold the 24,000 support first; if it breaks, we need to tighten our defenses.