U.S. stocks rose 13%, but Bitcoin stayed put: Where did the money go?

Original author：TerryHarmonic 加密老铁

Original source：https://www.youtube.com/embed/xvRDlj06WKg

The U.S. stock S&P 500 has risen nearly 13% this year, but Bitcoin remains unchanged. What is the truth behind the liquidity? Behind the seemingly prosperous index, in fact, only four technology giants are supporting one leg. Nearly three-quarters of the constituent stocks are falling, and the financial, real estate, and consumer sectors have even entered cycle lows. On the other hand, the ecology of the encryption chain is undergoing a brutal reshuffle. Blast announced its closure. Dozens of "zombie chains" with no real income are coming to an end. Funds are rapidly concentrated in a few leading protocols (such as Hyperliquid and Base). Q4 What’s next? Should we believe in the historical patterns of U.S. stocks or Bitcoin’s halving cycle? 📌 This issue focuses on: • The divergence between US stocks and Bitcoin: Where does the money go? • Hidden dangers under the index boom: 4 stocks support the market vs. 7-week equal-weighted index decline • The cruel truth about the real income on the chain: Looking at the ending of the zombie chain and Mercenary Capital from the shutdown of Blast • 10-year U.S. bond yield and FOMC key node prediction • Three possible ways for Bitcoin Q4 💎 Bitget exclusive account opening benefits (has been set to up to 20% handling fee reduction): https://partner.bitget.cafe/bg/jfe92ml8 📢 TG channel, get analysis and reminders as soon as possible: https://t.me/+P_hc47CwI2I1ZWE1 🪶 Channel, get analysis and reminders as soon as possible: https://t.me/+P_hc47CwI2I1ZWE1 🪶