The crypto world at the moment is one filled with so many levels of emotion and reactions to varying degrees of loses experienced by people. While some people are sobbing about their little loses, we should also reflect on the fact there are people who bought BTC @ $20K, Ripple @ $3, ADA @ $1.22, etc. Most of these guys are still hodling, hoping the market will bounce back and they'll recoup their loses.
Those guys are the real heroes of out time. Some of them have their investments almost wiped out completely. Selling at loss isn't an option for them at this point except they want to capitulate and move on.