to this day i still don't understand why some people keep saying things like this! why should price of something drop SIGNIFICANTLY just because it didn't go up?
i get a small drop to something like $9100 or to $8900, it makes perfect sense and it has been the reality of every market out there, also the bitcoin sideways periods have always been like this when price fails to break the resistance (or another way of looking at it: fails to break the support and go lower!) it keeps dropping and rising in small increments.
but i never understand why you claim that drop has to be so GIGANTIC?