I don't believe that a simple state in Germany would cause such a stir in the crypto market. So imagine what China wouldn't do with #bitcoin or what Russia could do with #ethereum and if the USA decided to end #solana ?
This market cannot be that sensitive, otherwise decentralization would be just a utopia in world financial history. What is happening is a natural market adjustment. German sales, the FED meeting, and other things are mere predicates of those who want to find a justification for the current movement.
The market is adjusting, of course the big investors already know where it is going. All this is just preparing the ground; whether for a big rise or a big fall. Meanwhile, we, little bagrinhos, take short swims, back and forth, always trying to go with the tide.