Bitcoin Lags Behind U.S. Stocks in Hitting New Highs, Next Market Rally Brewing

BroadChain04/18/2026, 01:16 PM

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Summary

BroadChain learned that at 13:16 on April 18, according to Bitcoinist, Bitcoin is gradually rising after months of consolidation. However, a report from XWIN Research Japan points out that the current market recovery is uneven. The S&P 500 and Nasdaq indices have returned to their historical highs, while Bitcoin's price remains about 40% below its peak, and Ethereum is about 52% lower. This divergence indicates that the current situation is not a broad-based rally with widespread capital flowing into risk assets, but rather a repricing of the stock market driven by specific catalysts. The flow of capital in global markets follows a relatively consistent sequence: oil and commodities lead, followed by the U.S. dollar and interest rates, then the stock market absorbs the changes, and finally, Bitcoin...

BroadChain has learned that at 13:16 on April 18, according to Bitcoinist, Bitcoin is gradually rising after months of consolidation. However, a report from XWIN Research Japan points out that the current market recovery is uneven. The S&P 500 and Nasdaq indices have returned to historical highs, while Bitcoin's price remains about 40% below its peak, and Ethereum is about 52% lower. This divergence indicates that the current situation is not a broad-based influx of funds into risk assets but rather a repricing of the stock market driven by specific catalysts. The flow of capital in global markets follows a relatively consistent sequence: oil and commodities lead, followed by the U.S. dollar and interest rates, then the stock market absorbs the changes, and finally, late-cycle assets like Bitcoin receive downstream funds. Currently, Bitcoin is in the waiting stage of this chain. Despite the price lag, exchange reserves continue to decline, accumulation behavior persists, and on-chain structures are quietly improving, which the report describes as a phase of building momentum before a breakthrough. Bitcoin's current key resistance level is around $75,000. If it can consistently hold above this level, the market structure will shift to bullish.