People were at the limit of their patience, and this drop has meant that the game is over for many people. We all know that game is now on. There are people whose plan work very well.
This kind of trade is like a trade war, big traders want to turn off small traders, by over-supplying stocks, causing prices to plummet, and things like this will be greatly used by big players to be able to start buying at cheap prices, and they will monopolize prices in the future, people will think that bitcoin has ended, this is a big mistake, because things like this are what big traders want to be able to manipulate prices, so understand carefully the world trade scenario.