About 60% of technology stocks have entered bear market territory

Data indicates that about 60% of technology sector stocks are now in bear market territory, meaning they are down more than 20% from their recent highs...

Some examples
• Coinbase down about 69% from its high
• Oracle down about 57%
• Salesforce down about 57%

Despite these sharp declines, some veteran analysts on Wall Street still say they do not yet see sufficient evidence to turn fully bearish.

And here the contradiction appears...
Internally, the market is suffering from a broad decline in individual stocks, while the general indices may not reflect the true extent of the damage due to weight concentration in a limited number of large companies.

And it seems the most important question now...
Is this just an internal purge within the technology sector... or the beginning of broader market pressure
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