A brief summary about what happened recently and what to expect.

You know..crypto tends to be unpredictable (aka nobody knows a sh*t) but that's far from knowing what events caused the movements worth nothing.

OFC if you're pure-DCA-investor you're unaffected for any variation, just stick to your plan and everything will be fine.

Anyway, this type of events use to come abruptly and cause a disruption of the market so being aware in advance is kind of impossible yet their effects may last long enough to help you analyze the environment and make some choices.

As we know BTC has been some sort of undecided hanging around 22-23k for a week and it uses to be a time where so yes "it may go up or down" and a combined hit of bad incidents triggered the red candles.

So here's what happened:

1 Huobi token (HT), which saw a sudden 90% drop in value. This was due to a series of leveraged liquidations by some users.

2 (HBAR), a decentralized PoS ledger, shut down network services citing "network irregularities," fueling rumors of a possible hack.

3 Ethereum has been marked as a security in the lawsuit filed by the New York attorney.

4 Silvergate Bank announced its closure due to a bank run triggered by regulatory concerns over whether its payment network had facilitated thousands of customer transfers from FTX to Alameda Research accounts.

5 President Biden proposed a 30% tax on crypto mining electricity usage

6 Silicon Valley Bank suffered a 60% plunge on Thursday after selling off its bond portfolio worth $21 billion.

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As for 1 and 2 alone imo they're some sort of short events, so could not be further damage.

3 Will be diluted in coming months

4 Has been discussed for some days so far so is some sort of "expected".

5 Is just a proposal waiting for confirm

6 Is what really bothers me, a SVB fall has been compared to the Lehman brother's and we know what happened back in the day.

What next¿?

Also did you knew the saying "don't fight the fed"? It has been a working strategy for a long time, and today new employment rates will be published. Last report's figure was 3,4% and good data would fuel the 50bps rates hike in 2 weeks.

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So there go my points as cryptobro-aNalYst-who-knows-nothing, if you made it to the end it may mean that you're interested and knowing your points will help the community.