Equities Keep Pushing Higher While Bitcoin Waits for a Macro Trigger

Even with a shortened holiday session, the S&P 500 managed to print another all-time high.

Traditional risk assets still look firm, suggesting confidence hasn’t faded yet.

Bitcoin, on the other hand, continues to consolidate. No panic, no breakout — just sideways price action.

We’ve seen this before: equities often react first, while BTC tends to move once a clearer macro or liquidity trigger appears.

Feels less like weakness and more like patience