Although I am not out of the market, as far as I can see, there are 3 main reasons for the decline
1- Powell answers the bitcoin reserve currency question asked by a journalist that we do not have such a law preparation
2- The fed's reduction of the 100 basis points interest rate in 2025 to 50 basis points
3- While the markets were pricing the interest rate reduction before the fed in January, they are now pricing the possibility of it remaining constant
How will the market turn?
If Trump comes out and says we will enact that law, Powell says we will send it, then the market will recover
The market that collapsed with a question asked by a journalist can rise again with a question asked by a journalist, but do not expect much rise from the bottoms 2-3x max
By the way, ETF exits broke a record yesterday
If the sales continue again when the US markets open today, it will go below 90k
