Yes, Last week, there was a significant market crash, but for the past 3 days, the market has been showing positive signs. However, it is uncertain whether this upward trend will be sustained or if it is merely a temporary situation to deceive buyers. It is well known that whenever the SEC takes any action, it negatively impacts the market. In addition to the significant impact of the Binance lawsuit, other coins that have been labeled as securities by the SEC have also experienced substantial drops. Nevertheless, I have observed that the effects lasted only for a period of 5-7 days, and now the market is recovering once again. However, investors will now likely pay closer attention to BTC and Ethereum due to the SEC's actions.
And we have seen that there are no crashed though, sure bitcoin goes below $26k and other altcoins suffered, but look at where the price right now as we have a instant rally in the last 48 hours.
And for sure the SEC lawsuit is not being forgotten, we might just have to wait for the result and see how it goes. But as far as the market is, there is no longer that lingering effect. And that's how the market is, sometimes there are negative news that will bring down the market but after several days when everything has settled down, we will be on the road to recovery.