FOMC hawkish rate cut, expressing concerns about inflation, US stocks plummeted by 10%.
Most CEX altcoins and mid to large market cap memes on the Solana chain have seen significant declines, only small market cap on-chain assets of a few million remain relatively stable.
It's tough, but it was also expected.
Bull markets are never smooth sailing; most altcoin holders endure a lot during bull markets as well.
Sideways/declining for a few months, then a one-month rally to end, is the norm.