So the question is, what is going on there, are we really heading to recession? (or this is how markets work, so that people always speculate? )
Recession and the market trend are quiet different, recession only happens if the economy of a country got worst while the market trend always move depends on its demand and supply also with the news. You can speculate that if theres a recession, expect for cryptomarket to enter into a bear market but of course it can change anytime as well depends on the trend.