Bluntly Speaking, there is one important thing we ought to do as a community at this moment, which will go a long way to help recover the lose is; HODL even at the dippest drop. The price dropped few days ago and all we see now is the recovery stage, at this stage the chance to buy is very important to those who want another chance to be millionaire in the next bull run.
You're right. But only a few understand this. People see how the price falls, and they start to panic, they have the impression that the coin is going to the bottom. It seems to me that this is a strategy. It will simply be useful to remove unwanted players from the market, and as a result only a few will remain who will believe until the last moment in this idea.