Based on my years of investment experience, the Fed may be about to take interest rate cuts.
Some people have begun to take advantage of the market's downward trend, forcing investors to sell their holdings to reduce losses, avoid further risks, and protect some profits by shorting.
If the Fed does not cut interest rates, these actions may not be so urgent. The deep adjustment of the market is for a higher rebound, and its duration may affect future market trends.
These investors have some inside information, and they are taking all possible means to force other investors to leave the market to reduce the risk of overselling their own holdings.