Want to gauge market risk appetite? Compare how Bitcoin stacks up against Russell 2000 futures. Here's the logic: when the riskiest asset class outperforms the riskiest stocks, you know money is truly chasing yield. Bitcoin leading over small-cap equities signals peak risk-on sentiment. Conversely, when Russell 2000 holds up better than BTC, it suggests flight-to-relative-safety—money pulling back from crypto volatility. Watch this spread as a barometer. Periods of BTC dominance over RTY typically coincide with aggressive capital flows into digital assets. It's a simple but telling indicator: the relative strength between these two risk extremes reveals what investors actually believe about market conditions.