Throughout history, there have been many instances where significant positive news is followed by a period of sideways movement before a major downturn. For example, when Musk announced that Tesla purchased BTC, or when the major leader mentioned blockchain, or more recently, when Trump announced various mainstream assets would become national reserves on his media over the weekend.

In fact, during a bull market, it's often difficult to determine whether one should 'sell the news' when these events occur. This is because some positive news is released continuously. For instance, Powell's good signal regarding interest rate cuts could be interpreted as paving the way for a rate cut in September, which can also be seen as ongoing positive news. However, as the price has genuinely come down, it is time to consider whether there is a possibility of a significant top, especially after a positive boost led to a new high which then reversed into a downturn—this shift from excitement to disappointment is a point where one should reassess and see if a deeper correction might be on the way.