I have seen recent some fudds and market reaction . Even normal FUD or Fake news also makingHuge Bearish trend in Marketcap . Recent South Korea , India Regulation Fud complete fake news made lots of impact so that market reached 700 Billion to 500 Billion. Yesterdays Binance Fud (Fake News)again Reduced 100 Billion . Whats happening everyone are becoming too greedy so that they cant even check for actual fact .
Do you think people will bother to verify a FUD? When they see some, in any form, their reflexes pushes them to take advantage of the situation. They'll sell immediately in order to cause some decline and buy again when the price gets cheaper. They are not dumb, they are smart (this only applies to those who are).
all of us people are greedy 
If you put it that way, yeah. I suppose.