According to @RhythmicAnalyst, the current 6-month S&P500 Index candle is showing patterns similar to the 2000 and 2008 market tops, with heightened downside pressure. Notably, the analyst highlights the 2000 to 2600 range as a critical support zone, signaling a potential for significant declines if breached. However, a weekly close above 5900 would negate the bearish outlook. This analysis is crucial for crypto traders, as major equity market corrections can trigger increased volatility and capital flows into or out of digital assets, impacting Bitcoin and altcoin prices (Source: @RhythmicAnalyst, Twitter, May 12, 2025).