According to @StockMarketNerd, the mid-November 2025 sell-off left the S&P 500 down nearly 5% from all-time highs. Source: @StockMarketNerd on X, Nov 24, 2025. A decline of around 5% is commonly categorized as a pullback, while a correction typically starts at about 10%, framing the equity move as modest. Source: Investopedia, Market Correction and Pullback definitions. For crypto traders, equity risk-off episodes have shown stronger transmission to BTC and ETH since 2020, implying S&P 500 swings can influence crypto volatility and direction in the short term. Source: International Monetary Fund, Crypto Prices Move More in Sync With Stocks (Jan 2022) and Global Financial Stability Report (Oct 2022). Key gauge to watch is VIX for equity volatility, which is widely used as a proxy for risk sentiment that can spill over to crypto market liquidity and price swings during stress. Source: Cboe VIX Index overview; International Monetary Fund 2022 correlation analysis.

According to Charles Edwards (@caprioleio), the VIX volatility index recently surged to 50 but has now declined to below 30. Historically, significant VIX spikes have often preceded strong forward returns in the broader market, presenting potential trading opportunities for risk-tolerant investors. Traders monitoring volatility indicators may consider this pattern when evaluating entry points, as similar VIX movements in the past have been correlated with market rebounds (source: Charles Edwards on Twitter, April 27, 2025).