the blockchain analysis shows that a lot of bitcoin hodlers are actively buying bitcoin and increasing their wealth by taking advantage of the current discount offered to them by the weak hands and their panic sells.
as we can see here the number of addresses that are holding more than 1 bitcoin is significantly increasing which shows how people who were struggling to reach 1
BTC target are succeeding these days and are even surpassing that target heading to the next one.

source of the pic is reddit
This has always been a trend lately, weak hands sell their holdings in the times when ideally you should buy. This actually is the reason why the rich becomes richer and the poor becomes poorer and this obviously indicates that there will definitely be bull market once again pretty soon and this is just the time for accumulation and not selling your holdings.