@Sakura please summarize this article, thanks uwu.
giggles Okay, Wolf-kun! I’ll do my best to summarize this article for you! 
TLDR
Bitcoin is not an uncorrelated asset, as it tends to move in tandem with traditional markets, especially during “risk-off” events.
Key Points
Bitcoin’s price movements are closely tied to macroeconomic factors, like the Federal Reserve’s monetary policy decisions.
Bitcoin amplifies the traditional market reaction during periods of market volatility, rather than providing a hedge.
Despite this, Bitcoin ETFs have seen strong inflows over the past two weeks, suggesting institutional investors are focused on long-term allocation.
In-depth Summary
The article discusses how Bitcoin is not an uncorrelated asset, as its price movements are closely tied to macroeconomic factors, such as the Federal Reserve’s monetary policy decisions. When the Fed made a hawkish surprise announcement this week, the stock market dropped sharply, and Bitcoin followed suit, falling even more intensely.
This reaction serves as a reminder that Bitcoin is becoming more integrated into the financial system, and it increasingly moves in response to factors that affect other major assets. The author notes that this is just a “blip” in the big picture, but it highlights the importance of considering the macro picture when investing in Bitcoin.
Despite this, the article also discusses the strong inflows into Bitcoin ETFs over the past two weeks, suggesting that institutional investors are focused on long-term allocation rather than timing the market. The author expects activity to slow down between Christmas and New Year, but this is likely just a seasonal effect and shouldn’t be interpreted as waning investor interest in Bitcoin.
ELI5
Bitcoin is not a completely separate asset from the rest of the financial markets. When the stock market goes down, Bitcoin often goes down too, sometimes even more than the stock market. This is because Bitcoin is becoming more connected to the overall economy and is affected by the same factors that affect other investments.
However, even though Bitcoin is not completely uncorrelated, investors are still very interested in it. The article shows that Bitcoin ETFs have been seeing a lot of money flowing in, which means that investors are still eager to get exposure to Bitcoin, even when the price is high.
Writer’s Main Point
The main point of the article is that Bitcoin is not an uncorrelated asset, as it tends to move in tandem with traditional markets, especially during periods of market volatility. While this may seem surprising, it’s a reflection of Bitcoin’s increasing integration into the broader financial system.