According to @KobeissiLetter, last week’s alert called for a higher low near 6400 on the S&P 500 with a subsequent push to 6500+, and they reiterate that the technicals remain clear, source: The Kobeissi Letter post dated August 28, 2025. For crypto positioning, the International Monetary Fund reported rising correlation between Bitcoin and U.S. equities since 2020, making equity momentum signals relevant for BTC and ETH risk management, source: International Monetary Fund analysis on crypto stock correlation in 2022. Key levels to monitor are 6400 as higher low support and 6500+ as the upside area on the S&P 500, source: The Kobeissi Letter post dated August 28, 2025.