Recently, the US stock market has been on a crazy rise, and the buddies in the crypto circle can't sit still! Stocks like AMD and Coinbase are rising along with Bitcoin, and the market is shouting "the bull run is coming," but buddies, don't get carried away just yet—this wave of correlation hides dangers!

Why the correlation? As expectations for the Federal Reserve's interest rate cuts heat up, global funds are flocking to high-risk assets, the US stock market has risen, and naturally, the crypto market is getting carried away.
But don't forget, Bitcoin's 30-day volatility has reached 65%, which is much more than US stocks! Now BTC is stuck at the 60,000 mark, and altcoins are flying around. Chasing after the rise can get you caught in a minute.
What should retail investors do?
Don't touch the junk coins: the market has no main trend right now, the more the altcoins rise, the worse they die. Honestly hold BTC, ETH, and buy the dip.
Keep a close eye on the Federal Reserve's actions: There is a 67% probability of a rate cut in December. If it happens, quickly buy the dip; if it drags on, quickly run away!
Play with spare money using contracts: US stocks set the pace, the crypto circle has big fluctuations, short-term contracts can earn, but don't exceed 10% of your position, and don't cry if you get liquidated!
This wave of market is driven by both "emotion + capital", but retail investors need to stay steady—don't let the US stocks skew your rhythm, hold onto mainstream coins, control your hands, and you'll be able to count money with a smile by the end of the year! #非农数据超预期