Uncertainty, doubt, profit taking, inflation....
While all these sound reasonable but none of it make sense to why the market went down 📉📉
But if we look closely, it is extremely obvious and hindsight.
The one main reason is....
Rice here 🍙
Crypto and stock market recent downturn caught many investors and traders off guard by surprise, even the professional ones.
There has been many takes on why it happened but many seem to missed the one main critical reason.
Time for a quick thread
🧵👇