$SPX For the last 2 years, banks have fudded people in and out of the stock market. Aside from tail end picks - read NVDA - SP:SPX has still been chugging along.
The next few months I believe we will begin to see sideways consolidation in the SP:SPX as it enters into a wave 4.
Give the very short duration of wave 2, the summer months are poised to be challenging for the $SPX. Ultimately, I hold the belief that the final high is not in for the $SPX. Folks will just have to be able to whether the oncoming correction.
What does this mean for the #crypto market? There are periods where #crypto and CRYPTOCAP:BTC decouple from traditional markets, this is only true because of wave structures.
Ultimately if TradFi crashes - which I think it will sometime in 2025, the high beta plays like #cryptocurrency will go along with it.