According to The Kobeissi Letter, S&P 500 futures have fallen nearly 100 points, indicating a continuation of the market selloff observed in today's session. This decline suggests increased volatility and potential bearish sentiment, which traders should monitor closely for potential impact on cryptocurrency markets.

According to The Kobeissi Letter, today's selloff is marked as the first true sign of panic, with the Volatility Index, $VIX, rising above 40 for the first time since August 2024. This level was last seen during the Yen Carry Trade collapse, indicating heightened market distress. Traders are advised to monitor for signs of capitulation as this may influence market dynamics significantly.

According to The Kobeissi Letter, the recent market selloff reflects a shift in perception as investors begin to price in Trump's economic strategy. This strategy, emphasizing 'long-term gain' for 'short-term pain,' has been consistent since March 6th. The market's reaction indicates a transition from viewing Trump's actions as mere posturing to acknowledging them as actionable policy, which has direct implications for trading strategies.

According to The Kobeissi Letter, Friday's market selloff impacted nearly all sectors except for Utilities and Healthcare. This reflects increasingly polarized market sentiment, with mixed heatmaps becoming rarer. Notably, the S&P 500 is experiencing significant volatility, moving over $500 billion per day on average. This information is crucial for traders monitoring sector performance and market trends.