There have been many instances in history where major good news was followed by a top, then sideways movement, and eventually a big drop. For example, when Musk announced Tesla had purchased $BTC, when Xi mentioned blockchain, or more recently, when Trump announced over the weekend on his own media platform that various mainstream assets could become national reserves, etc. Actually, during a bull market, it’s not always easy to judge whether you should sell the news after these events. Some of them bring sustained positive momentum. For instance, Powell’s recent signal about rate cuts, paving the way for a September rate cut, could also be interpreted as sustained good news. But now that the price has truly moved downward, it’s time to consider whether there’s a possibility of a major top forming. Especially at this kind of turning point, where prices break new highs on good news but then reverse and fall back, turning optimism into pessimism—it’s worth looking back to see if a deeper correction might be coming.