According to @KobeissiLetter, more NYSE and Nasdaq stocks have printed 52-week highs than lows for 24 consecutive weeks, the longest run since 2017; source: @KobeissiLetter, Oct 28, 2025. This is the third-longest streak in at least a decade, trailing 40 weeks in 2017 and 36 weeks in 2016; source: @KobeissiLetter, Oct 28, 2025. Last week roughly 10% of NYSE and Nasdaq listings made new 52-week highs versus about 3% making new lows; source: @KobeissiLetter, Oct 28, 2025. Meanwhile, 65% of S&P 500 constituents are trading above their 200-day moving average, near the highest share since December 2024; source: @KobeissiLetter, Oct 28, 2025. For crypto traders, equity risk-on breadth is relevant because Bitcoin and stocks have become more correlated since 2020, with the IMF documenting a rising BTC and S&P 500 correlation; source: International Monetary Fund analysis “Crypto Prices Move More in Sync With Stocks,” January 2022.