Is the recession really coming?

Recently, due to the rising unemployment rate in the United States, the "Sam Rule" that predicts an economic recession has been triggered. The U.S. stock market has suffered a heavy blow for several consecutive days. The disaster on Monday even affected the stock markets of Japan and South Korea.

It is worth mentioning that Berkshire Hathaway, owned by Buffett, significantly reduced its holdings of Apple by 50% in the second quarter. This move is considered by the market to be an important signal that the U.S. stock market has peaked.

Cryptocurrency has also suffered a devastating blow!

Bitcoin has created the largest single-week drop since the collapse of FTX! Ethereum's gains this year have all been waived!

The cottage industry is even more miserable, constantly halving and hitting new lows!

The entire network has been liquidated for nearly 24 hours, with a total of $760 million! More than 200,000 people have been liquidated!

At present, Bitcoin has risen back to around 56,000 this morning. Is this a short-term rebound after an oversold situation, or a real trend reversal?

Has the decline yesterday really reached the bottom?

What do you think?