More signs of a potential top in the market is clearly visible now with the colossal IPOs coming to the market to monetize the gains of early investors to these popular companies like SpaceX and OpenAI. This will lead to trillions of dollars worth of stock being dumped on the market with the retail investors being the main buyers. History has shown that the initial issuances can be a sign of tops in markets.
Think about it… if the stock is so valuable, why sell now? While I understand early investors need to get liquidity, some of these have only invested in rounds only months ago. These private investors are accredited and have millions of dollars so it is clear that they are just looking for a good exit. Buyer beware as this could be the beginning of the burst.