The 'End of Day Report' Author: Zhou Yi The US stock market may welcome a short-term bottom on Monday

In this 'End of Day Report', what I see is not panic, but rhythm confirmation.

Citrini Research says that the US stock market may hit a short-term bottom on Monday, but the S&P 500 will not stabilize for the long term before dropping below 6000. To put it simply: there will be a short-term rebound, but the long-term still needs to grind. #加密市场回调

Three points to analyze, mapping it to the crypto market we are watching:

First, a short-term rebound in the US stock market = risk appetite recovery. If the US stock market really hits a short-term bottom on Monday, it will provide emotional support for crypto. We have been saying this week: BTC has strong support around 68,000, whales are withdrawing funds, short sellers are closing positions, and OGs are selling in batches but there are buyers. A rebound in the US stock market will further compress the space for panic, allowing those who are still hesitant to make the decision to enter the market.

Second, the S&P 500 not breaking 6000 means that the macro level is not completely clean. What does this mean for crypto? It means that BTC's independent market conditions have not yet reached a point of full explosion, and it is highly likely to still be in a range-bound bottoming and structural rotation. But this is actually a good thing — it gives low-position chips enough time to settle and provides the last window for those who haven't boarded yet. $ETH

Third, don’t be misled by the words 'end of days'. Citrini Research is looking at the long-term structure of the S&P 500, not the cycles of crypto. The on-chain data we are tracking — miners selling coins being absorbed, whales continuously withdrawing coins, ETF outflows but prices not falling — all point to the same conclusion: the underlying support for crypto has already desensitized from the US stock market.

The current strategy is very simple: focus on the on-chain data, not the panic index of the US stock market.

For those holding BTC/ETH, hold steady. For those who haven't boarded, cherish the chips around 68,000/2000. A rebound in the US stock market will ignite emotions, but the real fuel comes from those whales quietly withdrawing coins in the panic. $BTC

Remember: the End of Day Report is designed to create anxiety for retail investors, while on-chain data is what confirms direction for winners.

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