HUH? Are you new to cryto? We have corrections like this all the time. Dont be surprised if we hit an all time high in the next week.
I do not think what is happening today is a correction price like what we have used to see. So many coins are dropped significantly today, bleeding everywhere and most people think the same way as what OP think. Surely, we may have different opinions. Some other people may think it is just correction like what you think, others think it is the effect of the latest news on South Korean and Chinas to ban crypto trading and some others think it is just a manipulation price from big whales to get cheap price then pump it again.