I think this drop is completely normal in the crypto market. We have seen the market have a very high gain in April, clearly the market needs a small correction to be able to continue growing.
Yes, the drop is basically a normal thing in cryptocurrencies. We saw this so many times. The future of cryptos lies in itself. There will be sets of new types of investment that will also surround the cryptocurrencies but there's only one thing that's for sure. The best of the best of cryptocurrencies will stay and those established ones like Bitcoin and Ethereum and other established altcoins shall stay for the future.
That's right, anyone who's been in this market long enough has experienced multiple drops.
The market has had an overheated rise in the past so it needs a correction to create a balance.
they should not worry anymore in this cycle. several times face hard drop in few years ago give us an important experience how to face it and catch the opportunity. every correction after price it new at was normal cycle and it form good market structure.