Looking at data from just one point in time can lead to misjudgments; looking at several days gives a more accurate picture.
Take this item: The CFTC warned that prediction platform Kalshi would charge fees for publishing its contracts. $BTC 24h -2.08%, with trading volume of 1.217 billion.
When bearish news comes out, the biggest concern is people panicking while adding to their positions. Sort out your positions first.