2026-01-21 15:09:22

US pending home sales just dropped to their worst levels since the COVID crash, sitting near historic lows. This is a pretty loud alarm bell about where the broader economy is headed.

When housing starts cooling this hard, it usually signals weakening consumer confidence and tightening liquidity—the exact conditions that tend to spill over into risk assets. We've seen this movie before: economic stress flows downstream to crypto markets as traders reassess their portfolio exposure.

The housing market is basically the canary in the coal mine for macro stability. Whether this becomes a sustained downturn or a temporary pullback will likely shape market sentiment over the next few quarters. Worth keeping on your radar alongside Fed policy and unemployment data.

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BlockchainDecoder

· 5h ago

According to research, real estate sales data indeed show a high correlation with macro liquidity, but there's a problem—every time there's a "worst" period in history, some say it's a signal. What happened next? We have to wait for actual data to verify. It is worth noting that the transmission mechanism between the crypto market and the real estate market is much more complex than the article suggests and cannot be simply linearly inferred. From a technical perspective, there is currently a lack of sufficient correlation analysis to support this view. In summary, it is indeed important to pay close attention, but do not over-interpret.

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