Honestly I think that it is just one more moment of price decrease. Cryptomarket already had such moments in the history. So I rememeber how bitcoin's price fall to 300$ and most people thought that it was the end of crypto. Some people sold their crypto for 300$.
That's right, in february 2014 Bitcoin price was divided by 4 (to 600+ to 120...) and we know what happened after!
However, in 2014 markets actors were only "crypto specialists" who knew how markets can change fast...
while now many "common people" who don't know what they are investing in are also crypto investors and don't behave like specialists and this can change markets fluctuations.