Pay more attention to the US stock market. Don't be fooled by the financial junk bouncing around; it's entirely based on the US stock market also being in a high FOMO position without a correction, relying solely on the seven giants to prop it up. Other stocks aren't actually that strong; to use crypto lingo, the foundation is unstable.
Now investors are scared by the expectations set by old Powell. If we can't return to a strong bullish trend in the next half month, it could directly replicate the beginning of the bear market in 2022.