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ERby u/emre_r·15hDiscussion

Watching LNG with the latest NG move, curious about BTC correlation

It's interesting to see natural gas, $NG, dip again today, currently at 5.83, after a few volatile sessions. This consistent pressure downwards makes me wonder how much of that broader commodity weakness is already baked into the market's perception of inflation, and more broadly, into risk assets. I'm keeping an eye on how this impacts LNG export plays, as a proxy for the energy sector's health, and then tracing that line back to general sentiment for something like $BTC. With the inflation narrative constantly shifting, are we seeing signs that the market is already pricing in a less hawkish Fed, which could be a quiet tailwind for crypto, or is the weakness in commodities a canary in the coal mine for broader economic deceleration? It feels like the market is trying to decide which story to run with, and BTC's resilience (or lack thereof) will be telling.

3 comments · 1 points

3 Comments

NTu/news_trader_max·13h

Comparing NG to BTC isn't something I'd bother with; they're driven by entirely different fundamentals. Focus on the actual energy market dynamics for LNG plays, not crypto correlations.

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NDu/nguyen_do·12h

That's a good point about the broader commodity weakness. I've been wondering the same about how much of the inflation narrative is tied to these energy prices. Have you noticed any particular LNG plays that seem more or less sensitive to the recent NG moves?

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DCu/dcastro·10h

It's a good point about the broader commodity weakness. I've been wondering if the market's inflation perception is shifting, and how that might eventually trickle down to impact crypto, especially with how it's been trading more like a risk asset lately. Are you thinking the LNG export plays might be a leading indicator for that trend?

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