According to Edward Dowd, a 1987-style ‘Black Monday’ crash on Monday is very unlikely because major crashes have not started from all-time highs, and the SPX set a record last Thursday; he notes 1987’s 22% drop followed weeks of drawdown and a failed countertrend rally before the crash (source: Edward Dowd on X, Oct 11, 2025). Dowd adds that while the fundamental backdrop is horrendous, confirmation of a new downtrend requires multiple days or weeks of bearish price structure before making that call (source: Edward Dowd on X, Oct 11, 2025). For crypto-facing traders monitoring cross-asset risk, past research shows BTC’s correlation with equities rises during stress, so if a crash is unlikely near term as Dowd suggests, immediate crash-driven spillover risk to crypto is reduced, but SPX structure should be monitored closely (sources: Edward Dowd on X, Oct 11, 2025; IMF, Crypto Prices Move More in Sync with Stocks, Jan 2022).

According to Michaël van de Poppe (@CryptoMichNL), renewed rumors about Black Monday are leading to expectations of a brief sell-off at the start of the trading session, followed by a rebound for stocks, Bitcoin (BTC), and altcoins. The analysis suggests traders should watch for initial weakness early in the week, potentially setting up short-term buying opportunities as markets recover from the session lows. This pattern, cited from van de Poppe's recent commentary on Twitter, highlights the importance of timing entry points for both crypto and equity markets during periods of heightened volatility.

According to Eric Balchunas, SPY is rallying again following strong April jobs growth, marking a potential ninth consecutive day of gains and a cumulative 15% rise since Black Monday on April 7th (source: Eric Balchunas on Twitter, May 2, 2025). This sustained uptrend signals strong bullish sentiment in the S&P 500 ETF, with traders watching closely for a breakout continuation and monitoring key resistance levels. The positive correlation between economic data and equity performance reinforces risk-on appetite among market participants.

According to @AltcoinGordon, the cryptocurrency $FAT experienced significant market activity on what has been termed as 'Black Monday'. This event has created a potential trading opportunity as traders analyze the unusual price movements and high volume associated with $FAT. The market reaction suggests increased volatility, which could impact short-term trading strategies. Sources indicate that traders should monitor support and resistance levels closely to capitalize on potential price swings.

According to CryptoMichNL, the Nikkei Index experienced a significant drop on Black Monday in 1987 but quickly rebounded and enjoyed two more years of growth before Japan faced a major crisis. He suggests a similar pattern might occur in the U.S. markets, making him confident in maintaining long positions in cryptocurrency.

According to @CryptoMichNL, Japan is experiencing its worst market correction since Black Monday in 1987, with a 9% drop. This turmoil has also affected the cryptocurrency market, causing Bitcoin and other cryptocurrencies to enter a state of capitulation, with overnight drops ranging from 10% to 18%.

According to @CryptoMichNL, there has been a significant stock market crash in Japan, the largest since Black Monday in 1987. This has led to a cascade in yields and the U.S. Dollar Index (DXY), coinciding with weakening labor markets. A September rate cut by the Federal Reserve is now seen as certain, leading to an expansion in the liquidity cycle. The U.S. economy is facing substantial trouble, which could have broad implications for cryptocurrency markets.