The dip in the market nowadays is clearly as a result of fud or what some might even tag manipulations of different forms to force most people to sell while whales buy cheaper. Looking at the market nowadays, every now and then, it is about one ban or the other, or about a country or business stopping crypto services and so on. But amidst all these, one of the surprising thing is that, the market is still striving to be strong, keeps striving to withstand all these bad news, which shows that, the crypto market years ago, is not the crypto market today, that is, what we have today is a market that is more stronger than that of years ago, if not we could have seen more dump.
My own suggestion is, in as much as we don't know how far or how long all these will take to stop, look long term towards those coins whose team are trying, especially DeFi coins because with all these bans, many people will find DeFi coins and Dex more attractive.