The market has been attacked by banksters, cartels, and central power and this creates a lot of FUD in the space. People are influenced by those events and panic sellers, weak hands, and speculators remove their money from the space.
Then the whales and people with a huge capital increase their position and repeat the cycle.
Do not panic and HODL!
this is the problem about those people that enter crypto just for easy bucks,but dont even know how cryptocurrency community goes..that this is not a bread and butter,that this is the riskiest investments today,but ofcourse the highest earning also..the thing is IF YOURE A WEAK PERSON,NEVER ATTEMP BEING HERE,because crypto system will eat you alive..HODL UNTIL RECOVERY guys.we can make it