I am shocked by the dumping. I guess a bunch of people bought low to sell high. All noise though. Just waiting for a new ATH and then the lack of selling and all of a sudden thousands of BTC in support and no sellers.
The dump seems to be over and the price will recover. The main reason behind it is BTC price jump combined with weak hands running into XMR to try to skim some profit. People just don't learn not to buy at the peak, which is what happens with Monero now.