According to @BullTheoryio, BTC fell about $3,000 in the last 3 hours, triggering roughly $220 million in long liquidations and erasing around $80 billion from total crypto market capitalization, figures consistent with forced deleveraging and elevated intraday volatility, source: @BullTheoryio on X, Jan 6, 2026. The move contrasted with a new all-time high in the Dow Jones and precious metals trading near all-time highs, highlighting cross-asset divergence relevant for crypto risk positioning, source: @BullTheoryio on X, Jan 6, 2026.

According to @BullTheoryio, gold and silver hit new all-time highs, the S&P 500 and Nasdaq are near record highs, and the Dow posted a new all-time high, while Bitcoin (BTC) is down 28% from its peak and is having its worst Q4 in seven years, source: @BullTheoryio. According to @BullTheoryio, this BTC drawdown came without new negative news, FUD, or scandals, and the author alleges market manipulation as the cause, source: @BullTheoryio. According to @BullTheoryio, the cross-asset divergence signals relative weakness in BTC versus U.S. equities and precious metals, a setup traders may monitor for rotation and correlation shifts into Q4, source: @BullTheoryio.