you can not call it "fishy" and also "correction". they can't be correct together. it is either a correction which is logical. or is fishy and is a dump aka manipulation.

1. i believe it is be cause lack of confidence in this drop. majority of traders see this as a manipulation dump not a real drop and correction so they are staying away because they want to protect themselves. as manipulations go, they are unpredictable and nobody likes losing money to whales that are swinging the price.

2. i don't believe this drop had anything more than 10% panic sell (compared to any other similar drops which is mostly panic sells). mainly because all the weak hands have been flushed out of the market in the course of 10 months prior to this drop and the rest who remained aren't known for their panicky decisions.

it won't but only because it takes a long time to recover from such a big manipulation drop.