To the guys who made fun of people who panic sold, this is the other side that they are on

https://www.reuters.com/business/world-at-work/layoffs-us-october-surge-two-decade-high-challenger-data-shows-2025-11-06/

"Nov 6 (Reuters) - U.S.-based employers cut more than 150,000 jobs in October, marking the biggest reduction for the month in more than 20 years, a report by Challenger, Gray & Christmas said on Thursday as industries adopt AI-driven changes and intensify cost cuts."

People are taking advantage of others or they are struggling through a hard time. The economy is ass, and people need to eat. As AI continues to accelerate, more and more people will be laid off. There will be more layoffs than there are new jobs in the next 2-3 years. Money are going to be tight, and people are going to start selling their assets due to rising cost in everything. I would not be surprise if the entire market continue to eat shit and this will wipe out a lot of different type of assets--not just crypto.