Exchanges down, huge shorts making money… interesting if this is all reversed by Monday morning

been saying the last few days, Trump loves the markets. He says, don't worry about China, it will all be fine. Highly respected President Xi just had a bad moment. He doesn't want a depression for his country, and neither do I. It was also posted today that this might have been a big misunderstanding between Trump and Xi. The news about China, about rare earth export, came out at this time period. This is a non-news event until President Trump posted about it over one day later. And then last night, China released a statement clarifying their export controls on rare earths. In their response, China said that these new controls are not a fully export ban, and applications that meet regulations— excuse me— will be approved. I know people are going to say this was a huge market manipulation. Maybe it was. Exchanges went down. People were shorting right before the Trump tweet went out. I don't know. I hope we get some more data here pretty soon, but this was still the largest crypto liquidation in history. Over $2.5 trillion loss off the S&P 500. And as of right now, we're seeing a little bit of a recovery here. We'll see what happens over the next few hours.