Strong BTC correlation with tradfi markets equate indeceiveness

As of few weeks, we have been seeing shakeoffs on the tradfi markets, as consequence bitcoin has taken as well a toll. We have seen from some weeks now, some strong correlation with the tradfi markets, does this mean general indecisiveness in crypto markets?

Alts also reflect the overall uncertainty in the markets. They usually are a prime indicator on how healthy a market is. Markets are certainly not in exuberance, that which we have seen above 70k.