Hopefully no more negative news triggering a panic to sell tokens/coins, last week we were shocked by the crash of FTX, one of the biggest exchanges at the moment which resulted in a whole panic.
We really don't know what will happen next, after FTX there are many fearing investors and traders who panic and create more downfall.
Just like you said, hopefully nothing more will take place after that week and we will be able
to see some good news back to recreate good market bounce, as of now, there are still chances
that another fuds will show and weak holders will be shaken.
Bitcoin is still not finding the right demand among buyers, which means the risk of bitcoin price and the whole market decline remains. There is still uncertainty and fear in the market. Now any negative news from some exchanges or large funds can provoke further fall. But if the market goes down, it means there is an opportunity to buy some coins cheaper. Now the good news would be if FTX announced that it is reopening, and some big investor, fund or other exchange would buy it. I wouldn't be surprised if Justin Sun bought the exchange.