According to @charliebilello, the S&P 500 has experienced a notably low number of large down days in 2025, as highlighted in a recent chart shared via Twitter (source: @QCompounding, June 16, 2025). This reduction in sharp declines signals increased market stability, which historically leads to lower volatility across risk assets, including cryptocurrencies like BTC and ETH. Traders should monitor this trend, as a calm equity environment often dampens volatility and trading opportunities in the crypto market, affecting short-term momentum strategies.