Over the weekend, US stocks hit new highs, while crypto stayed flat for two days. This kind of 'non-confirmation' is more worth noting than a sharp drop. Last Friday, the Dow and S&P closed at record highs, and the Nasdaq rebounded over 10% from last week's liquidation low. But throughout the weekend, $BTC hovered around 65K with almost zero volatility, and $ETH stayed just above 1900. Crypto is the only risk market open on weekends. If risk appetite is truly back, it usually moves first, not just stands still. When the market opens tonight, will it be that US stocks ran too far ahead, or that crypto just hasn’t woken up yet?