My guess is hitting 10 000 was a milestone for a lot of people and it went as high as 11.5k+ earlier today then a whale sold off or something and here is the problem with a bunch of people who own a % selling.. they create a snowball effect and others panic and get scared and start selling. How low will it go? No one knows as for long term hodlers you have nothing to worry about : ). So just hold
Disclaimer: this is not financial advise trade at your own risk
Whales didn't start selling off, the price was a "planned target" as when it was hit, stops were reached and many (whom you think that have created a snow ball effect) are looking to be the reason why this went to 9k after that rally (looks like continuous snoozing was stopped once they decided to wake up). It's gaining and that's good, but it's ridiculously gaining over which makes it look like an extremely risky investment instrument and everyone who got in recently, I am sure they are out now because they were in for a reason and it's pure profit on others' speculations.