we all know that we are still in the middle of bear market, so obviously the price might to go down as you have put it. Specially if there is a blank swan event like the Terra Luna and FTX collapse last year.
So I guess everyone knows that, and maybe not going to be surprised at all or panic. And those who are worry about it are newbies that got nervous when the price will go down in the future. On the other hand, those who have experience and seen hot Bitcoin is in a bear market, will take every opportunity to buy when the price goes down in the next 6 months.
Not in the middle but we are almost ending the bear now. Did you see the good performance of the coins nowadays? They are mostly up by some percent. If ever there are dumps that will be experienced, I don't think it will be a huge one and it won't take much time for the price to recover again. Blank swan event is unpredictable and I think each year, there will always be one.
This is another reason for the price to decline and the severity will depend on the damage of that affected company but let's hope that the incoming one will be less brutal than last time so that it won't have a domino effect with the other like what happened with the FTX exchange.