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Crypto has been uncorrelated with stocks during upside
And highly correlated during downside (brief pullbacks for $SPX, dearth candle for us)
It’s not new and I’ve been seeing this since the past month almost, which is what gave me confidence to short and keep holding. But if this does not change (crypto front running a bottom on one of the eventual pullbacks) then there’s close to no hope on a reversal of the downtrend in Q4