The Financial Stability Report issued by the Fed could offer some insights if the market has reached or is close to bottom.
https://www.federalreserve.gov/publications/2022-may-financial-stability-report-purpose.htm
Monetary policies are most effective in addressing demand side of the economy but not as effective in affecting supply side. Controlling inflation is a mandate for many central banks but government should do its job as well especially when supply side becomes problematic in the economy. Rising rates in the current economic conditions will not curtail much demand but will at the same time damage supply side as businesses have to respond high interest rates by cutting business expansions. I believe the central banks in the US and Canada will soon slow down or even stop rate hikes. Similar opinions and arguments have started to emerge from some central bankers and prominent economists. When such narratives become impactful, technology stocks could rebound substantially.