According to The Kobeissi Letter, as equities approach all-time highs, market uncertainty appears to be underpriced, indicating potential for increased volatility in the near term. The Kobeissi Letter highlights that their trading calls have delivered over 370% returns since 2020, emphasizing the importance of proactive risk management strategies for traders. This evolving market sentiment may influence crypto assets, as heightened equity volatility historically drives increased activity and price swings in major cryptocurrencies like Bitcoin and Ethereum (source: The Kobeissi Letter, Twitter, June 2024).