On Friday, the Nasdaq dropped 1.4%, down 2.9% for the week, with chip stocks leading the decline. Meanwhile, $BTC is up 1.7% in the past 24 hours. This divergence—next week will reveal the answer. Two things to watch next week: - U.S. stocks: Q2 earnings season hits its peak, with big tech reporting one after another. Plus, the Fed meeting is at the end of the month. - Crypto: The rollout pace of stablecoin regulatory guidelines in July. Stocks down, crypto not following—early positioning or a trap? Think about your strategy on Sunday, don’t panic when the market opens.