According to The Kobeissi Letter, the 10-day moving average of retail investor purchases in the Magnificent 7+ stocks—including Apple and other major tech names—has dropped to approximately 12% of total retail inflows, marking the lowest level since the onset of the 2022 bear market (source: The Kobeissi Letter, June 10, 2025). This significant slowdown in Big Tech buying may indicate a shift in retail trading sentiment, potentially diverting capital towards alternative risk assets such as cryptocurrencies. Traders should monitor whether declining enthusiasm for large-cap tech stocks results in increased volatility or inflows in the crypto market, as retail investors seek higher growth opportunities (source: The Kobeissi Letter, June 10, 2025).