Yesterday’s market drop wasn’t random.



The Fed sounded more hawkish, which pushed the dollar up and hurt risk assets.

Big investors pulled money from ETFs, and the Balancer hack added to the panic as liquidity thinned.

Fear, uncertainty, and doubt took over - but the bigger picture hasn’t changed.

It’s just a shakeout, not the start of a new downtrend.
BAL-0,51%
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