Think left, think right, walk to the east and think, then walk to the west and think, thinking until your head hurts.
Large institutions continue to buy, big whales are also going long, and favorable news keeps coming out. Now we just need a rate cut, so how can we find a reason for a 20%-30% decline? We can't just crash the market for no reason!
If there is a lot of space behind, adjustments must be made. In this form, there isn't an immediate reason for a price increase. Even if interest rates are lowered, they can't support the prices you once mythologized.
170,000 dollars, 500,000 dollars, 1,000,000 dollars - these are all ideas you came up with, right? Let's take the middle price of 500,000 dollars. How much is the market worth? Have you calculated it?
Speculation is as ancient as mountains; Wall Street has no new stories because human nature has never changed.