If the U.S. stock market is about to usher in a wave of a bear market—even a major pullback in the secondary movement—the crypto world will be slaughtered. Tracing back to history, the U.S. stock market has had this situation four times; before the Great Flood, there was a sustained rally, almost reaching historical highs. Then, the trapped/entangled sell-off from historical peak levels was dumped in large amounts, ultimately forming panic, and the stampede that followed was inevitable. It is worth noting that in history, this kind of situation has appeared four times, and without exception, it led to a massive crash.

Below are the NASDAQ’s new high on October 27, 2026, down to the low point on March 30, 2026, and the rebound magnitude over the recent two weeks:
24019-20690=3329
23011-20690=2321
2321/3329=0.6975063623
Below are the data for the Big Pie (Bitcoin) at the same time points:
113643-65000=48643 {October 27, 2025 to March 30, 2026}
73434-65000=8434 {from March 30, 2026 to the current high}
8434/48643=0.17338
Judging by the strength of the rebound, you could say Bitcoin’s move compared to the NASDAQ is negligible. So from start to finish, the target of capital is not the crypto market; the most brutal battlefield might be a slaughter aimed at the stock market. The crypto market is merely a spillover effect. So recently there has been neither a big rally nor a big drop—like a neutral situation. Now, imagine what kind of situation the crypto market would be in when the NASDAQ later sees a crash.
Let’s look at the technicals again:
Bitcoin, around 75,000, will face huge selling pressure coming from the previous high points. And it just happens to be the suppression at the upper band of the Vegas Channel on the 4-hour timeframe. Still using the earlier re-cap paths, as well as historical bull flags, and the brother-to-brother comparison: as long as it hits the channel’s strongest resistance, going long will only poke through it; afterwards, a trend continuation will form. So for this wave, I will short Bitcoin around 75,000—I must short it. The corresponding Ethereum level would be around 2345. (You can slightly adjust the level)#Gate现货衍生品双双冲进全球前三 $BTC $ETH