U.S. stock market valuation just hit a critical milestone. The Buffett Indicator—a gauge comparing total U.S. stock market capitalization against GDP—has climbed to an all-time high of 223% to 224%.

To put this in perspective: it crushes the dot-com bubble peak at 150% and even surpasses the 2021 post-pandemic surge. We're in uncharted territory here.

What does this mean? When this ratio spikes this extreme, it typically signals one thing—equities are priced way ahead of economic fundamentals. Historical precedent isn't comforting. Every time this indicator hit similar extremes, markets faced serious corrections.

For traders watching macro trends, this is a red flag worth monitoring. The question isn't whether pullback happens, but when. And for those holding crypto as a hedge against traditional asset inflation, this validates the macro backdrop driving alternative asset interest.