BTC( The orange line ) and the S&P ( red line ) have decoupled downwards on a weekly level.

In fact, the decoupling was more severe from July to October last year. But now we are facing the tail end of a 4-year cycle, so the risks are greater.

For the time being, comparing the Nasdaq 100 futures ( blue line ) and BTC ( orange line ), the short-term synchrony is still quite high. The Nasdaq 100 futures have a longer opening time, resting from 4 PM on Friday until 5 PM on Sunday. Other than that, the market is only closed for 1 hour each day. (

Therefore, BTC does not seem to be decoupled from the US stock market in the short term and is merely showing relatively more negativity when the US stock market declines. However, there is also a more optimistic performance in the short term when the US stock market is doing well.

So, it can't be asserted that the bull market is still on, nor can it be confirmed that there is a bear market.

Brother Bee is temporarily handling it moderately, hanging some altcoins that are not far from breakeven at breakeven price, and hanging the other half a bit higher, to see if he can reduce some positions when the market rallies. Brother Bee was almost over 85% in position at the peak on October 10, feeling that the position is a bit high, so he needs to reduce some positions to mitigate risks.

BTC, ETH, and BNB are temporarily inactive.

There will definitely be bulls and bears; a perpetual bull market is impossible. However, the four-year cycle of bull and bear patterns may not be completely reliable. For now, it's better to be conservative and handle it according to the rebounds, observing while moving forward.