Both, S&P 500 and Nasdaq moved up by over 2.5% while Bitcoin did almost twice as much. What's comforting, both indices were in red yesterday but bitcoin went up anyways, which shows that the cyclical pattern might actually be stronger than the correlation with traditional stocks.
Right now we're trading above $91k, which is great to see after a prolonged period of stagnation, but it's a bit too soon to call it a breakaway. If it carries on moving up for another 2-3 days, or at least if the price manages to stay above the $90k, that would be a sign that the bull run in this cycle is not yet over.