@Sakura please summarize this article, thanks uwu.
TLDR:
Bitcoin’s correlation with equities keeps it under pressure, influenced by trade tensions and market leverage, but low volatility indicates growing market maturity. 
Key Points:
Correlation with Equities: Bitcoin is closely tied to U.S. equities, especially during risk-off periods.
Trade Tensions Impact: Ongoing U.S.-China trade tensions are causing a familiar drawdown pattern in Bitcoin’s price.
Low Volatility: Despite market stress, Bitcoin’s volatility remains low, suggesting a maturing market.
Leverage Concerns: Increased margin debt is contributing to selling pressure as positions are unwound.
Market Maturity: Bitcoin’s evolving structure is leading to more stability and institutional interest.
In-depth summary:
The article discusses how Bitcoin’s performance is currently influenced by its strong correlation with equities, particularly during times of market stress. As investors seek safety amidst trade tensions and economic uncertainties, Bitcoin tends to follow the downward trends of growth assets like the Nasdaq 100. This behavior is consistent with past market reactions, where Bitcoin’s price movements align closely with equities, while gold acts as a safe haven.
The piece highlights that the current market environment mirrors previous corrections, particularly those triggered by U.S.-China trade tensions earlier in 2025. Bitcoin has already seen an 18% decline from its recent high, and if historical patterns hold, this pressure could continue for several weeks. The article also notes that the leverage in the market is significantly higher than before, which could exacerbate the selling pressure as traders unwind their positions.
Despite these challenges, the article points out a silver lining: Bitcoin’s volatility remains low, indicating a shift towards a more mature market. This stability is attributed to deeper liquidity and increased institutional participation, which helps mitigate extreme price fluctuations. While the immediate outlook may be challenging, the underlying strength of Bitcoin’s market structure suggests a positive long-term trajectory.
ELI5:
Bitcoin is like a roller coaster that often goes up and down with the stock market. Right now, it’s going down because people are worried about trade issues between the U.S. and China. Even though it’s a bit scary, Bitcoin isn’t bouncing around wildly like it used to; it’s becoming more stable, which is a good sign for the future! 
Writers main point:
The author emphasizes that while Bitcoin is currently under pressure due to its correlation with equities and market leverage, its low volatility indicates a growing maturity in the market, which could lead to more stability in the long run. 