$JCT $ADBE Citi slashed its rating to “Sell” and cut its price target to $207. They call it a “hard reset”; in crypto slang, that means institutions have dropped the act and flipped the table. It’s down 25% year to date—not a pullback, but conviction running out of steam. Even more concerning is the spillover in sentiment: the Nasdaq plunged 5.5% in a single day, with AI flag-bearers like Nvidia and CoreWeave diving in tandem. The sell-off even spread beyond the AI sector, showing that fear is no longer being selective. BTC is currently at $76,068, down 5.42% over 24 hours—it has already voted with its feet. It’s like someone in a building catching a whiff of smoke and quietly slipping out first; by the time the fire alarm rings, the hallways are already packed. Citi’s “hard reset” is essentially institutions performing CPR on valuations rather than waiting for a rebound. Retail investors are still debating whether this is a “golden buying opportunity,” while institutions are calculating how deep a cut P/E multiples can take. The turning-point signal is clear: we’re accelerating from “buy every dip” to “trim on every bounce.” Do you think this is the final drop before sentiment hits rock bottom, or the first chapter of a hard reset? Share how your portfolio is positioned in the comments.