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.
Everyone was shocked by the fall of FTX and it is undeniable that it made a lot of people scared and panicked which in turn had an impact on the market. Well in the cryptocurrency space something like this is very likely to happen and in the not too distant future we see Luna and FTX go down tragically. Even though the background is different, this is an experience that must be used as a lesson for the future. It's really unfortunate when an unstable market coupled with events like that makes a lot of movements.