According to @CNBC, buying the stock market at today’s historically high valuations has usually been a losing long-term investment based on historical performance patterns, signaling unfavorable entry points for long-horizon buyers (source: CNBC). For traders, @CNBC highlights that such elevated valuation regimes have historically underperformed purchases made at average or discounted valuations, underscoring heightened risk of long-term underperformance (source: CNBC). This matters for crypto positioning because digital assets have shown rising correlation with equities since 2020, increasing the likelihood that equity-driven risk sentiment spills over into crypto markets (source: IMF Global Financial Stability Note, January 2022).

According to @ReutersBiz, the Federal Reserve chief issued a semi-warning about elevated U.S. stock market valuations as traders enter the final quarter, highlighting top business and finance stories to watch this week (source: Reuters Business). Given the documented rise in correlation between cryptocurrencies and equities since 2020, Fed signals on valuations can transmit to Bitcoin (BTC) and Ethereum (ETH) through risk sentiment and liquidity channels, affecting near-term volatility and trading conditions (source: International Monetary Fund, Crypto Prices Move with Stocks, 2022; Bank for International Settlements, Quarterly Review 2022).