People are calling the AI bubble has just popped. But here's a contrarian take after years of experience in crypto and financial markets. Bubbles don't pop when the related stocks are already down 60%+ That was indeed the condition of most mid-cap AI stocks including $SPCX. As for $NVDA and its drop - it was always in the charts. Nasdaq had its worst day earlier too, and most of the signs actually point towards a potential bottom formation. What I don't like is the drop on OIL. If you haven't realised yet - the charts tell you the news before it happens. And with OIL in the $80 - $90 support band, there are chances of a reversal or you can say 'possible war escalation' again. That's my macro outlook for the moment. As for crypto, I have been very vocal about a prediction that bitcoin:native will drop below 76k after 23rd Oct (I said it back in September) and it has happened. Technically, the probability of being in a bull market is higher than creating new lows (unless we see nukes and a black swan) I'm keen to see Bitcoin taking support between 68k and 74k, then starting the real bull run. As for the crypto degen that I am, I take these times as opportunities to filter out the trash from the markets - most low-cap plays won't survives this, be it memes or utility plays. This situation in the markets will help me pick lesser plays, but with higher quality. More details around this in my next YT video.