Over leveraged shorts are abundant in this area, media is painting a very negative light on bitcoins situation, ripe with bearish predictions, the narrative of a bear market has been passed around although its clear that bitcoin is still in a bullish cycle. As newbie investors who don't understand markets are selling their stacks right about now, they held out as long as they could during this correction, but their resolve has faded, and they have been have finally capitulated and have become convinced of a bear market, and now they all are about to buy much much higher in a weeks. This is why when you invest in crypto, you should be in the mindset of holding for 10 years. Its the only way to insure success. Short term moonshot degenerate gambling or refuted ideas of trying to time the market and have an "exit strategy" are all false. If you want to become wealthy in crypto never sell 90% of your stack for 10 years, its that simple. If for any reason you say you can't do that, then you won't succeed. It's that simple. Don't invest money you need currently, invest what you can afford to sit on for a decade.