How will US stocks and crypto perform during the World Cup? The World Cup is kicking off today. Historical data shows no clear trend for US stocks during the tournament, while Bitcoin tends to dip slightly or experience a slow decline, with volatility significantly narrowing. In 2014, 2018, and 2022, the market showed weak performance during the tournament, with pullbacks reaching up to 15%. The market generally worries that the event will divert attention and liquidity, which is bearish! World Cup draws global attention > Crypto market activity decreases > Liquidity dries up > Slow decline due to lack of buying support. Summary: Focus on short-term risk aversion for Bitcoin spot, and look for short opportunities in contracts during price spikes. Keep an eye on sports-related tokens!