The Dow hits a new high, Nasdaq drops 0.8%. At the same time, BTC is slightly up above $64K, ETH stays flat. The money isn’t leaving, it’s just switching seats. Framing the question as 'crypto or U.S. stocks' means you’ve already lost from the start. The difference lies in the switch: offense goes to crypto, profit protection returns to blue chips. Only looking at one side can only explain half the market. Are you picking sides, or switching?