There is too much leverage and too much potential profits in crypto space today which makes me feel like I'm reliving the 2017/2018 era once again, forget the big institutions investing money on crypto, those who bought at 4000$ per BTC are already millionaires/billionaires, you can't expect them not to take profit, be prepared
You are correct, the ups and down of the market is a healthy gestures that most of the trader are appreciated, but of course some of the newbies, most of the are the victim of the sudden ups and down of the market.