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S&P 500 HITS ALL TIME HIGHS WHILE $BTC BITCOIN SITS 50% BELOW ITS ATH. The most extreme divergence between these two assets in years. Stocks at euphoria. Bitcoin at extreme oversold. Investors celebrating new highs in equities while the most asymmetric opportunity in the market sits completely ignored. The potential return on SPX from all time highs is minimal. The potential return on Bitcoin from 50% below its ATH is historic. Smart money doesn't chase euphoria. It rotates into maximum oversold conditions while the crowd looks the other way. That rotation is happening right now.