Most people will tend to sell their currency out of fear during a market downturn. If you are holding altcoins, you should stop the loss in time to reduce the risk. It is better to lose a small amount than to lose all your funds. Be patient when holding Bitcoin, trusting that the market will rebound and the gains will continue to be reaped.
In my opinion, the main problem is not that people are afraid of the bitcoin bear market and therefore panic selling their coins
The problem is that the global economy is currently in a recession. Many countries have very high inflation rates. Goods, works and services are constantly becoming more expensive.
To maintain the previous standard of living, people spend their savings. So people sell their bitcoins (well aware that the price of bitcoin will only rise in the future).