Historically, there have been many instances where significant good news was followed by a consolidation phase, then a major downturn. For example, when Musk announced that Tesla purchased BTC, when the president mentioned blockchain, or more recently, when Trump announced on his media that various mainstream assets would become national reserves over the weekend, etc.

In fact, these events are not easy to judge whether one should sell the news during a bull market. Some of them are good news that releases continuously; for instance, Powell's recent indication of a favorable signal for interest rate cuts could be interpreted as ongoing positive news paving the way for a rate cut in September.

However, now that the price has genuinely declined, it is time to consider the possibility of a major top, especially at this transition point where it rises on good news, breaks a new high, and then falls back, indicating a shift from optimism to pessimism. One should reconsider whether a deep correction might be forthcoming.