JPMorgan just bumped their S&P 500 year-end target to 7,600.
That's a bullish signal for risk-on assets. When TradFi giants start raising targets, liquidity tends to follow.
What this means for crypto:
→ More institutional money rotating into risk assets
→ BTC and ETH historically correlate with SPX moves
→ Altseason fuel if this momentum holds
Keep an eye on macro. When stocks pump, crypto usually follows with leverage.