If you look at the bit chart, you can see that it continued to fall after falling negative 7.22% on October 10. Oct. 10 is more dramatically visible on the bit chart than on the Nasdaq chart.

Stock market ‘panic’ at Trump’s “100% tariff bomb” declaration

I just attributed the drop on October 10 to Trump tweets. And I thought there would be a huge bubble rally when Trump and Xi Jinping meet in APEC and end up well. It was a complete misjudgment. What a point macro analysis is.

It brings AI bubble theory to this 10% adjustment, but it doesn’t make sense. Suddenly, AI bubble theory? More than 80% of companies recorded earnings surprises during the earnings season. Big tech saw their earnings improve by more than 20% on average. China and the U.S. have made peace. Interest rates have also been cut. But the AI bubble theory that comes out all the time? I don’t believe that reason anymore. I was helpless because it was a drop in good performance with no macro or bad news.

The fall of the coin. Nasdaq 10% correction that began as soon as Trump Xi Jinping talks ended. Relations with China have normalized. Why?

Rather, October 10 is just the day we confirmed that even one small bluffing tweet from Trump could drop over 4%. In other words, you know how thin the purchase price is. The selling forces threw a little bit, but the purchase was pushed back too weakly. “What? Was it this much jbab?” Especially on the coin side, the purchase price was thinner.

It was just a phenomenon in which the purchasing capacity was exhausted due to a long rise of several months, and it fell sharply even in small bad news.

The market was structurally very vulnerable. With the fall of Oct. 10, I should have noticed. “Soon there’s going to be a pretty big correction…” That’s it. Performance, macro and stuff rather darkened my eyes. I should have looked at the market as it is. I just looked at it as I wanted to.