According to CoinMeta, the analysis by Almanac of Jeff Hirsch indicates that since October 6th, 47 AI and chip stocks have lost approximately $5 trillion, while at the same time, 625 other large American stocks have gained a value of $1.3 trillion. He referred to this phenomenon as “October Fear,” and remains optimistic about the market, choosing to buy at low levels. He stated, “The losses are not as severe as described in the headlines.”