The analyst discusses the impact of a recent crypto deleveraging event on April 10th, leading to market maker balance sheet issues and capital raising efforts. This is suppressing crypto performance relative to equities. He anticipates this pressure will end soon. Despite market wobbles in AI, Quantum, and nuclear stocks, and the markets being overbought after six months of gains through October, he expects two weeks of consolidation. Hawkish Fed talk is causing a market 'tantrum'. He remains confident in equities, citing good seasonal patterns, earnings, and negative sentiment. He forecasts the S&P 500 will exceed 7000 by the year's end, potentially even by the end of the month. He notes the Fed might waffle on interest rate cuts due to a stabilizing labor market, which is still a good environment for equities.