The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didnt see this!
What do you expect from the market, never look and invest for the short term, if you believe in something and you made a decision to invest in it, never be fazed by the short term market situation, hold the coins for the long term and then you will end up in a profit, it is difficult to predict the exact market situation in the short term with all the charts and it will not scare away serious investors.