According to CoinMeta, Mike Wilson, Morgan Stanley's chief U.S. equity strategist, stated that the market correction of the S&P 500 is entering its final stage, which could pave the way for a rebound at the end of the year. He expects the S&P 500 to find its bottom after approaching the downward range of 7,100 to 7,300, while still maintaining a year-end target of 8,000. However, Morgan Stanley advises investors to remain cautious before making purchases, as the breadth of the market continues to weaken, and issues with financing for artificial intelligence infrastructure still exist.