500 billion dollars were wiped from the American stock market at the opening — this is clearly not trivial.
The real question now is the impact on the crypto market… and it is already visible. $BTC , $ETH and several altcoins are under pressure.
We may still see further declines, so maximum caution is advised.
Personally, I prefer to stay on the sidelines for now and observe the market's reaction before taking a position.