The S&P 500 just hit fresh record highs—a remarkable +44% surge since bottoming out in April 2025. This isn't just wall street noise. When traditional markets rally this hard, it typically signals strong risk appetite flowing into alternative assets too. The timing matters: we're seeing institutional capital rotate aggressively as economic sentiment shifts. For crypto traders, this backdrop is crucial—equity momentum often precedes or parallels crypto volatility patterns. Whether this rally sustains depends on whether fundamentals can keep up with the technical breakout. The real question: does this strength across traditional finance give altcoins more runway, or are we due for a reality check?