According to Gary Black, U.S. equities softened into the final 2025 session with SPX -0.2% and NDX -0.3% pre-market while silver plunged 5%, the 4th straight day of 5%+ moves (source: Gary Black). According to Gary Black, the 10-year Treasury yield dipped 1 bp to 4.11%, gold fell 0.6% to $4,315/oz, and Brent crude rose 0.2% to $61.48/bbl (source: Gary Black). According to Gary Black, BTC gained 0.6% to $88.7K, NVDA rose 1.1% to $190 pre-market, and TSLA climbed 0.5% to $457 after a two-day 4.2% slide (source: Gary Black). According to Gary Black citing Bloomberg, analysts cut TSLA 4Q delivery IR-consensus to 423K from 445K last week, and TSLA’s next catalyst is potential removal of safety monitors in Robotaxis, which Elon previously targeted in Austin by end of today (source: Gary Black; Bloomberg via Gary Black). According to Gary Black, TSLA will report 4Q deliveries Friday before the open with Wall Street consensus at 423K, and TSLA’s 2026 P/E is 207x versus long-term earnings growth of 35% (PEG ~6x), leaving him cautious with a 6–12 month PT of $310 (source: Gary Black). According to Gary Black, investors head into 2026 expecting subdued inflation and double-digit S&P 500 earnings growth with bond markets pricing at least two Fed cuts, while the 2026 S&P 500 P/E is 22.2x, partly driven by high-flying tech shares (source: Gary Black).

According to @santimentfeed, since November began, gold is up 9%, the S&P 500 is up 1%, and Bitcoin (BTC) is down 20%, leaving BTC underperforming gold by 29 percentage points and equities by 21 percentage points (Source: Santiment/@santimentfeed, Dec 30, 2025). According to @santimentfeed, crypto’s correlation to major sectors remains lagging, indicating a potential catch-up setup into 2026 per their view (Source: Santiment/@santimentfeed, Dec 30, 2025). According to @santimentfeed, traders can monitor mean-reversion signals between BTC and gold/SPX and watch correlation inflections as timing cues for relative-value positioning (Source: Santiment/@santimentfeed, Dec 30, 2025).

According to @Andre_Dragosch, Bitcoin is described as “so mispriced right now,” echoing a post by Sven Henrich (@NorthmanTrader) that highlights a perceived dislocation between BTC and the S&P 500 (SPX) on Dec 5, 2025, which he shared on X (source: @Andre_Dragosch on X, Dec 5, 2025; source: @NorthmanTrader on X, Dec 5, 2025). The post explicitly references BTC and SPX but does not provide supporting price levels, spreads, or quantitative metrics, indicating a qualitative market call rather than a disclosed model or trade setup (source: @Andre_Dragosch on X, Dec 5, 2025; source: @NorthmanTrader on X, Dec 5, 2025).

According to @StockMKTNewz, a daily snapshot of U.S. stock market performance for Dec 4, 2025 was posted on X, highlighting the day’s sector and index moves without disclosing specific figures (source: @StockMKTNewz, Dec 4, 2025). Historically, equity trend days in the U.S. have shown positive same‑day co‑movement with crypto, with the BTC–S&P 500 correlation rising to around 0.36 in 2020–21 versus near zero in 2017–19 (source: International Monetary Fund, Iyer and Boz, Crypto Prices Move More in Sync with Stocks, 2022). Given strengthened cross‑asset spillovers since 2020, crypto traders can use SPX/NDX futures during U.S. hours as risk‑on/off cues for BTC and ETH execution and hedging (source: Bank for International Settlements, Bulletin No. 57, 2022).

According to @charliebilello, crypto and crypto-exposed names are far below their 52-week highs, with Bitcoin (BTC) -25%, Ethereum (ETH) -36%, Dogecoin (DOGE) -67%, Coinbase (COIN) -36%, and MicroStrategy (MSTR) -63%; source: @charliebilello on X, Nov 14, 2025. In comparison, major U.S. benchmarks and mega-caps sit closer to highs, including Apple (AAPL) -2%, S&P 500 (SPX) -3%, Google (GOOGL) -5%, Microsoft (MSFT) -8%, Amazon (AMZN) -9%, and Nvidia (NVDA) -10%; source: @charliebilello on X, Nov 14, 2025. This dispersion shows weaker 52-week momentum in crypto versus large-cap equities based on reported drawdowns; source: @charliebilello on X, Nov 14, 2025.

According to @StockMKTNewz, a daily U.S. stock market performance update for Nov 7, 2025 was posted, indicating a session wrap of major indexes and sectors (source: @StockMKTNewz on X, Nov 7, 2025). As specific index moves are not included in the provided excerpt, traders should confirm SPX, NDX, and DJI closing levels alongside VIX direction and Treasury yields to gauge risk appetite and potential spillover to BTC and ETH in the next crypto session (source: @StockMKTNewz on X, Nov 7, 2025).

According to Charlie Bilello, the percentage of Bears in the Investors Intelligence sentiment index has dropped to 13.5%, below 98% of historical readings and the lowest level since January 2018 (source: @charliebilello on X and YouTube). According to Charlie Bilello, the last similar extreme in January 2018 was followed by a roughly 10% correction and a down year for the S&P 500 (source: @charliebilello on X and YouTube). According to Charlie Bilello, this extreme optimism is a cautionary sentiment signal for $SPX rather than a bullish confirmation (source: @charliebilello on X and YouTube). According to Coinbase Institutional research, equity risk-off episodes have historically coincided with elevated volatility and pressure across crypto majors like BTC and ETH, making this $SPX sentiment extreme relevant for crypto traders monitoring cross-asset risk (source: Coinbase Institutional).

According to @MilkRoadDaily, ETH has been declared dead 146 times, highlighting recurring bearish calls that historically failed to end its market presence (source: @MilkRoadDaily, Aug 25, 2025). According to @MilkRoadDaily, BTC has experienced more than 1,000 declines of at least -8% with an average recovery time of 109 days, providing a concrete historical benchmark for drawdown recovery planning (source: @MilkRoadDaily, Aug 25, 2025). According to @MilkRoadDaily, the SPX often takes years to recover from similar drawdowns, underscoring a faster recovery cadence in BTC that traders can use to frame swing-trade horizons and risk windows (source: @MilkRoadDaily, Aug 25, 2025).