I still think there are concerns of economic slowdown (in china and elsewhere) which are causing investors to consolidate (sell) their holdings to mitigate exposure to risk. The media is downplaying it. There's virtually no coverage. As we saw with the 2008 crisis, there is no early warning system we can rely upon to report accurately on financial risks or prevent economic danger.

Its unconfirmed. Yet the DOW and crypto markets could have devalued due to savvy investors "pulling out" in expectation of a downturn.

I think the DOW average chart could turn into something like a "double dip". I'm not certain what the approved technical chart analysis jargon for it is. But it is present in many sell offs where after the initial decline there is a rebound caused by less experienced traders buying in expecting the price to bounce back. Followed by a 2nd decline.