According to @KobeissiLetter, the S&P 500 has added roughly $3 trillion in market value from its Oct 10 low after President Trump announced a 100% China tariff (source: @KobeissiLetter on X, Oct 26, 2025). The post characterizes this as the most profitable market on record, signaling extreme risk-on momentum in U.S. equities that traders can benchmark against crypto beta and liquidity conditions (source: @KobeissiLetter on X, Oct 26, 2025). Historical data show BTC and ETH have exhibited periods of positive correlation with U.S. equities during macro-driven rallies, suggesting equity trend and breadth can inform crypto positioning and hedging (source: Coin Metrics research on BTC-equity correlations, 2020–2024). Near term, monitor SPX trend, breadth, and volatility as cross-asset inputs and validate the $3T gain and policy timeline directly from the cited update before adjusting BTC and ETH exposure (source: @KobeissiLetter on X, Oct 26, 2025).

According to @KobeissiLetter, heading into President Trump's 100% China tariff announcement, markets were positioned with elevated leverage and looking for a catalyst to pull back, making the post the reason for a selloff within a broader uptrend, source: @KobeissiLetter. The author notes the S&P 500 had not seen a 2%+ decline for six months, highlighting stretched risk appetite ahead of the move, source: @KobeissiLetter. The author reports nearly $20 billion was liquidated in crypto within 24 hours, indicating excessive leverage and forced deleveraging across digital assets, source: @KobeissiLetter. The move is framed as driven by fear and greed dynamics that had tipped too far toward greed, with the guidance to ignore noise and follow the prevailing trend, source: @KobeissiLetter.