Indeed, the recent decline in the crypto market was caused by one of the factors, namely Robinhood's decision to sell several tokens such as There, Matic and Sol could affect market sentiment and cause significant selling pressure. If a company like Robinhood holds large amounts of crypto assets and decides to sell them, this could create instability and trigger further selling. So, in the face of a situation like this, the decision to buy a particular coin becomes a very personal one. Before buying, it is important to do thorough research on the coin you want to buy.
I really don't understand though why this is the cause of the recent decline. And so maybe you haven't heard about the case of SEC vs Binance. That is the main reason why the prices stumbled and decline to $25k, and then it's support price of $26k which we have been trading sideways for a long time now.
And now we have a break out run to $30k+ because of all the institutional money and the whole BTC Spot ETF application namely by Blackrock and other big institutions. It's just the question on whether we can maintain this price because this seems to be the highest price that we achieved this year. So we would like to see and break above it at least before the end of the year.