This trend is mostly synonymous with day/active/short term traders, long term traders hardly ever take notes of short increase/decrease in price..
Hodling may probably be the best option at the moment if you ask me,but what if one hodl and the bitcoin hits below 3kUSD, would it not have been better to sell of right now..
This network is filled with uncertainties,no one can lay claim as to knowing which methodologies are best to adopt