The NASDAQ 100 is showing resilience today as sellers lose steam. After touching lower levels earlier in the session, the index has managed to trim its losses to under 1%—now hovering around session highs.

This kind of recovery action in tech-heavy equities often ripples through crypto markets, especially Bitcoin and Ethereum, which tend to track risk sentiment. When traditional indices stabilize or bounce like this, it typically signals a shift in investor confidence.

Traders watching the correlation between equities and digital assets should keep tabs on how NASDAQ holds these levels heading into the close. Any breakdown could test support for crypto positions, while sustained strength here might encourage risk-on positioning across portfolios.