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#Gate用户突破3000万# The US stock market rises every day, especially in the two months after early April 2025. The Nasdaq index futures have now been pumping for over 2 months, with the daily chart pulling out the MACD signal divergence. A pullback in the US stocks will inevitably collapse BTC back to its original position.
Moreover, how can we say that the tokenization of US stocks is a positive thing? The prototype of the financial movie "The Big Short" is set against the backdrop of the American real estate bubble in 2007, where properties were packaged into securities, triggering the subprime mortgage crisis in 2008. Now, the tokenization of US stocks is also starting to follow the same path as the American real estate did back then. From a broader cycle perspective, risks are accumulating.