Top kek

Welcome to the free market where there is nothing that is going to stop people from selling if the market is going down. This is why you look into closing out positions if you're exposed to uncertainty in the market, especially when there is one that is as volatile as Bitcoin in. Maybe you should look into trying that sometime in the future eh?

This is also likely some return to the mean after the bubble. I don't think a lot of people want to realize that cryptos had a ton of casual investors dump their money in and pulled it out, and likely won't be entering again since they lost money more often than not.