bitcoin:native The real focus of the market tonight is that both $BTC and U.S. stocks are rising, but the money driving them comes from different sources. $BTC is currently around $79,600. On August 26, U.S. spot ETFs saw another net inflow of $232 million, marking the 8th consecutive day of inflows. The key resistance zone remains at $81,000–$86,000. (via ChainCatcher⁠) As for U.S. stocks, after NVIDIA's better-than-expected performance, the Nasdaq opened +0.87% and the S&P 500 +0.45%. AI trading is heating up again. However, the 10Y U.S. Treasury yield is still at 4.67%, the DXY is around 99.19, and PCE year-over-year is 3.7%. Interest rate pressures haven’t gone away. (via Reuters⁠) My take: $BTC is being driven by ETF inflows, while U.S. stocks are riding on AI profits. As long as $BTC holds above $78,000 and ETF inflows continue, $80,000 looks more like a consolidation point. For U.S. stocks, it depends on whether long-term bond yields can come down. Otherwise, no matter how strong AI is, profits are just offsetting valuation pressures.