According to @KobeissiLetter, the S&P 500 surged to a fresh record high, gaining 35.5% over the last six months. According to @KobeissiLetter, this rally has added about $16.5 trillion in market capitalization since April 7. According to @KobeissiLetter, the scale of this equity advance is a key macro signal that traders can use to assess risk appetite and liquidity conditions across assets, including BTC and ETH, for positioning and hedging.