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But we saved everything 🙂.
Caleb Franzen observes that some analysts are making a key mistake by comparing all-time highs in the broader stock market to the equal-weight S&P 500, represented by RSP. Franzen points out that while the market overall is at record levels, RSP has not yet broken out, a fact that leads some to adopt a more defensive stance. He cautions investors to pay attention to this divergence.
Franzen has recently highlighted other market signals in his analysis. Earlier, he noted that ETHBTC fell to levels last seen in July 2025, pointing to weak risk appetite after a 200-day moving average rejection. He is also preparing a report analyzing over 100 user-submitted tickers as part of his ongoing market review.