The Buffett Indicator just reached a historic 224%, marking the most expensive stock market valuation ever recorded. This benchmark—calculated by dividing total US market capitalization by GDP—serves as a crucial reality check for investors tracking macro cycles. When the indicator hits extreme levels like this, it typically signals either unsustainable valuations or major market corrections ahead. For crypto investors, this data point matters because traditional equities and digital assets often move in correlation during risk-off periods. A 224% reading doesn't automatically mean crash incoming, but it does suggest portfolio positioning matters more than ever. Worth watching how this plays out across both traditional and crypto markets in the coming quarters.