According to Trader Tardigrade (@TATrader_Alan), Bitcoin ($BTC) pulled back after reaching its all-time high (ATH) in early 2024 but later broke above that level and continued its upward trend. The $Total 3, representing the total market cap of all cryptocurrencies excluding Bitcoin and Ethereum, followed a similar pattern by retracing after its late-2024 ATH. Trader Tardigrade highlights that, based on historical price action, $Total 3 is likely to break out to new highs as the anticipated altseason approaches. For traders, this suggests a strong opportunity to monitor altcoin price movements, as a breakout in $Total 3 could mark the start of significant altcoin market rallies. This analysis underscores the relevance of tracking altcoin market caps alongside Bitcoin for timely trading strategies. (Source: @TATrader_Alan on Twitter, June 8, 2025)

According to The Kobeissi Letter, the S&P 500 has closed positive for 8 consecutive trading sessions, marking the longest winning streak since August 2024. This rare event has only happened 7 times in the past 20 years, highlighting its statistical significance for traders. Since its April 7th low, the S&P 500 has surged by 17%, fully recovering all losses following the post-April 2nd 'Liberation' event. Such momentum signals a strong bullish sentiment and may prompt traders to watch for potential continuation or profit-taking, referencing historical price action for similar streaks (source: @KobeissiLetter on Twitter, May 2, 2025).