That’s absolutely normal and has happened before. If you don’t believe this, you can check and do graphic analysis for previous weeks, and previous years. The price went too far ahead of the real value, and it’s a damn right time for correction.
The fact that so many people are looking for “leaders” who will tell them “Why is it growing”, “why is it falling”, “Should I invest in …”, “Should I sell my…” indicates that people don’t really know what they are doing, and have no clue about this market. No wonder why people start pulling out their money during small corrections and invest during price peaks, right before falls. People constantly fall into obvious bull traps.