AI Stocks Are Running. Crypto Is Still Hesitating. Today’s market is sending a very important signal: Risk appetite exists , but it is not flowing equally. $QQQ and $SPY are green. $AMD is ripping hard. $TSLA is positive. $MSTR is outperforming. But $BTC and $ETH are still under pressure. That divergence matters. The market is willing to buy selected growth and AI exposure , but it is not giving crypto a full risk-on confirmation yet. This is why the move feels strange. $AMD is leading the AI challenger trade. $NVDA is still under pressure , which means AI money is rotating , not blindly buying everything. $MSTR is strong because public markets still like Bitcoin proxy exposure. But $COIN is almost flat and $BTC is negative , which shows spot crypto demand is not fully convinced. My read: This is not a broad bull market signal. It is a selective liquidity signal. If $BTC reclaims strength while $QQQ stays firm , crypto beta can wake up quickly. That would put $ETH , $SOL , $SUI , $NEAR and $AVAX back into focus. But if AI stocks keep running while $BTC fades , the message is clear: Capital is choosing equity risk over crypto risk for now. The key watchlist: AI rotation: $AMD , $NVDA , $TSLA Crypto proxy: $MSTR , $COIN , $HOOD Spot crypto: $BTC , $ETH , $SOL High-beta confirmation: $SUI , $NEAR , $AVAX The market is not dead. But crypto still needs proof. #OKX #StocksGoOnChain #Crypto #MarketAnalys