According to The Kobeissi Letter, US consumer stock market sentiment has reached a 14-year low, with 49% of consumers expecting lower stock prices over the next 12 months as of April 2025. This sharp increase in bearish sentiment, alongside a drop to 36% in consumers expecting higher prices (the lowest since Q4 2023), signals heightened risk aversion in traditional markets (source: The Kobeissi Letter, Twitter, May 7, 2025). For crypto traders, this historic pessimism in equities may lead to increased capital flows into digital assets as alternative investments, impacting Bitcoin and Ethereum trading volumes and volatility. Monitoring sentiment shifts is crucial for adjusting crypto trading strategies to capture potential inflows from risk-averse equity investors.