According to @KobeissiLetter, the S&P 500 is down about 3% from its record high but is up roughly 110 points today, while market sentiment remains at 'Extreme Fear,' source: @KobeissiLetter on X, Nov 24, 2025. The author states this setup is not what typically precedes a market crash, highlighting a price-sentiment divergence that can inform near-term risk management, source: @KobeissiLetter on X, Nov 24, 2025. For traders, the author’s view suggests today’s strength alongside extreme fear does not align with an imminent crash narrative, which can temper panic-driven positioning, source: @KobeissiLetter on X, Nov 24, 2025.

According to @KobeissiLetter, the S&P 500 extended intraday gains to up 115 points and nearly 2 percent on the day, signaling strong US equity momentum, source: The Kobeissi Letter on X, Nov 21, 2025. For crypto traders, this equity strength can serve as a timing reference to observe BTC and ETH price action during US trading hours, source: The Kobeissi Letter on X, Nov 21, 2025.