WHY DID THE MARKETS GO CRAZY???

The markets are in this state due to a combination of typical correction factors in bull cycles. Currently, some of the main reasons are:

1. Macro sell-off:

Investors are taking profits in various markets (stocks, cryptos, etc.) due to global uncertainties such as prolonged high interest rates in the U.S., geopolitical tensions, and fears of recession.

2. Profit-taking:

After strong rallies in assets like BTC, PEPE, and others, many investors are selling to secure gains, which creates selling pressure and natural corrections.

3. Weak short-term sentiment:

When the market is sideways or experiencing consecutive declines, trader sentiment worsens, leading to more sales driven by fear or impatience.

In your case, even with visible daily declines (like PEPE -6.25% and BOME -11.76%), profits were preserved because you positioned yourself before these corrections, and some assets like NEIRO are still rising (+3.16%).

Source: IA gpt