André Dragosch Shares Key Market Chart: Essential Insights for Crypto Traders
According to André Dragosch, PhD (@Andre_Dragosch), a recent chart shared via Twitter provides critical data relevant to cryptocurrency traders. The chart, accessible through the provided link, presents updated technical indicators that could influence crypto market strategies, particularly for short-term trading decisions. Traders are advised to review the chart closely for trend analysis and momentum signals, as such real-time insights often precede notable price movements in major cryptocurrencies like BTC and ETH (Source: André Dragosch Twitter, June 18, 2025).
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From a trading perspective, the implications of this stock market surge and the cryptic social media activity are multifaceted for crypto investors. The S&P 500’s rise to 5,620 points by 11:00 AM UTC on June 18, 2025, suggests a growing risk appetite among institutional investors, which often translates to increased allocations into high-risk, high-reward assets like cryptocurrencies. Bitcoin’s price movement to $92,500 by 11:30 AM UTC, paired with a 24-hour trading volume increase of 15% to $38 billion as reported by CoinGecko, indicates heightened market activity that could be partially attributed to stock market optimism. Ethereum (ETH) also saw a 1.5% gain, reaching $3,250 by 12:00 PM UTC on the same day, with trading pairs like ETH/BTC showing stability at 0.035 BTC, suggesting balanced sentiment across major cryptocurrencies. For traders, this presents potential opportunities in swing trading BTC/USD and ETH/USD pairs, especially if stock market gains persist. Additionally, crypto-related stocks like Coinbase Global (COIN) saw a 2.3% increase to $245 per share by 1:00 PM UTC on June 18, 2025, as per Yahoo Finance data, reflecting a direct correlation between stock market sentiment and crypto-adjacent equities. Monitoring institutional money flow between traditional markets and crypto will be crucial, as sustained stock market strength could drive further capital into spot Bitcoin ETFs, which recorded $500 million in net inflows for the week ending June 18, 2025, according to Bloomberg data.
Delving into technical indicators and volume data, Bitcoin’s Relative Strength Index (RSI) stood at 58 on the 4-hour chart as of 2:00 PM UTC on June 18, 2025, indicating neither overbought nor oversold conditions, per TradingView analytics. This neutral RSI, combined with a 20-day Moving Average (MA) of $91,800, suggests BTC has room to climb if bullish momentum from the stock market continues. Trading volume for BTC/USD spiked by 18% between 10:00 AM and 2:00 PM UTC, reaching $12.5 billion, a clear sign of trader engagement following the stock market uptick and social media buzz. Ethereum’s on-chain metrics also paint an interesting picture, with active addresses increasing by 10% to 550,000 in the 24 hours leading up to 3:00 PM UTC on June 18, 2025, as reported by Glassnode. This uptick in network activity often precedes price appreciation, making ETH a candidate for breakout trades if stock market correlations hold. Cross-market analysis further reveals a 0.75 correlation coefficient between the S&P 500 and BTC over the past 30 days, per CoinMetrics data, underscoring the tight relationship between traditional and digital asset markets during risk-on phases. For altcoins like Solana (SOL), trading at $145 with a 2% gain by 3:30 PM UTC, volume surged by 20% to $3.2 billion, hinting at broader market participation.
The interplay between stock and crypto markets in this scenario highlights significant institutional influence. The $500 million inflow into Bitcoin ETFs for the week ending June 18, 2025, as noted by Bloomberg, suggests that traditional finance players are increasingly viewing crypto as a hedge or complementary asset during stock market rallies. This institutional money flow can amplify crypto price movements, especially for BTC and ETH, which remain the primary entry points for such capital. Traders should also keep an eye on crypto-related stocks like MicroStrategy (MSTR), which rose 1.8% to $1,550 by 4:00 PM UTC on June 18, 2025, per Nasdaq data, as these equities often act as a proxy for crypto market sentiment. In summary, the stock market’s strength on June 18, 2025, combined with social media catalysts, offers actionable trading opportunities, provided traders leverage precise entry and exit points based on volume and technical data.
FAQ:
What does the recent stock market surge mean for cryptocurrency trading?
The S&P 500’s increase to 5,620 points by 11:00 AM UTC on June 18, 2025, indicates a risk-on sentiment that often drives capital into cryptocurrencies like Bitcoin and Ethereum. This correlation, evidenced by BTC’s rise to $92,500 by 11:30 AM UTC and a 15% volume increase to $38 billion, suggests potential trading opportunities in major crypto pairs.
How can traders capitalize on stock-crypto correlations?
Traders can monitor BTC/USD and ETH/USD pairs for swing trading opportunities, especially when stock indices show sustained gains. Keeping track of crypto-related stocks like Coinbase (COIN), which rose 2.3% to $245 by 1:00 PM UTC on June 18, 2025, can also provide insights into broader market sentiment and entry points.
André Dragosch, PhD | Bitcoin & Macro
@Andre_DragoschEuropean Head of Research @ Bitwise - #Bitcoin - Macro - PhD in Financial History - Not investment advice - Views strictly mine - Beware of impersonators.