Many people trading crypto have a deadly blind spot—they stare at US stock market data every day. When I look at those so-called experts’ posts, I can’t even tell whether they’re trading Nasdaq or cryptocurrencies.

In the short term, BTC does have some correlation with US stocks. But if you’re trading long-term and still stubbornly stick to this logic, you’re basically waiting to get liquidated.

Let’s look at the data: From October 13th until now, the Nasdaq is up 3%, but BTC has dropped 23%. During this period, it only followed the drops, not the gains. How do you explain that?

BTC and US stocks do resonate at certain stages, but that doesn’t mean they’re always tied together. Otherwise, you can’t explain how in the past two months BTC completely decoupled and went down on its own.

Back in October, I met a guy who thought US stock fundamentals were solid, so he stubbornly held onto his BTC. In the end, he misjudged and lost quite a bit.

So, using the US stock market to guide your crypto trading is the biggest trap. This cycle has once again validated the cyclical theory—those who stick to the old patterns have won again.

BTC’s long-term trajectory is independent; its bull and bear nature comes from the four-year halving cycle. Does the US stock market have a four-year cycle? Then why do you keep staring at it?

This bull run is already over. I choose to liquidate all my BTC.

At the time of posting, BTC price: $93,000