I thought we've already seen it's biggest battle when it dropped bitcoin to $3200, if this one is bigger, then probably we will go back to $1000.
I don't know where the market goes, but I believe we haven't seen serious concerns from "them" like this before. For the first time, the state-level actors are concerned about losing their power/monopoly over money/currency creation/printing.
this bullrun, marked by the increasing adoption of bitcoin, and more and more new people coming. Moreover, many influencers have started to popularize bitcoin and cryptocurrencies in general. so many newbies come because of hype, fomo, and want instant profit. bought without calculation for fear of missing the ship. Finally, without proper preparation, "they" panic buy, easily carried away by the waves, so they panic sell. it's like you go to the battlefield only with the determination to win, without the preparation of weapons and strategies. how to win? Is it enough to rely on luck alone? well, maybe you can, but luck will not always be on our side.
I prefer a person who is considerate, every decision is made based on what he believes, then accepts the worst case scenario as a risk of getting involved in the crypto ecosystem.