FOMC hawkish rate cuts, expressing concerns about inflation, U.S. stocks plummeted by 10%.

Most CEX altcoins and mid to large market cap memes on the Solana chain are bleeding profusely, with only a few small cap assets worth several million on-chain holding up somewhat.

It's tough, but it's also expected.

Bull markets are never smooth sailing, and most altcoin holders also suffer during bull markets.

Sideways trading/drops for a few months, followed by a one-month rally ending, is the norm.