Now I understand what FUD really looks like. CZ tweet, FTX team reply with confidence, media interpret it with some analysis and datas, twitter begins the trend and the war starts, boom things begin to fall apart and more bad news come in, the hell is short off the market, confidence is lost and a free fall continues with more FUD. We're coming back better, we just need to root out bad actors.
I think it's more of social media pointing at CZ somewhat and blame him for the collapse.
He was supposed to be the savior, until he balk on the last minute maybe he has his own reasons to get out of the deal. And then again, there are personalities who interpret this wrongly to cause panic and so the price nose dived and up to now, we are still way below our psychological support of $20k.
Nevertheless it's not the end of it, crypto is going to stay despite the FUDs and what is going on with the ecosystem.