According to @stocktalkweekly, the market saw significant daily and weekly breakdowns today, and a major bounce tomorrow is needed to preserve many weekly closes; otherwise, selling likely continues, signaling a risk-off setup into the weekly close (source: @stocktalkweekly). Given documented periods of positive correlation between BTC and US equities, crypto traders should watch for spillover pressure on BTC and ETH if equities fail to rebound tomorrow (source: Kaiko Research).