BTC has become a member of the US stock market. Since October 2023, BTC (orange) has gradually come together with the S&P (blue) and the Nasdaq (green), while ETH (black) has been left behind.

BTC is closely linked to the US stock market, and has just recently shown a trend of reverse fluctuations.

From the end of 2022 to the beginning of 2023, from July to October 2023, BTC and ETH have reversed trends with the US stock market, and these two intervals also include bottom-fishing intervals.

From the chart, the reverse trend of BTC\ETH and the US stock market has just begun.