Everyone will fail very good thinking because if the bull market coming back. At least you should know there are many year investors holed there assets by many as coins. They couldn’t sold out because dumping for the market situation but if pump coming back then many people will got profits from there investment.
Yes.... I get your point their are those who bought Bitcoin when the price was up at $67k before the DIP happend and are even yet to sell these are real investors who knows how to control themselves from selling their Bitcoin much lower than what they bought.
They understand the essence of holding Bitcoin, it is for a long term no matter how long it takes never panic to sell.
It is even for Bitcoin to always hit a new All Time High after every halving so there will be every possibility of Bitcoin crossing above their entering price giving them good profits. Most of understands the market and at this very dip that happened bought even as to increase their profits and recover from the others.
It's obvious not to sell in market like this but hold till ATH, that's what investors do but some can't patiently wait so they sell and it's a good time for investors who hold their investment cause we are just approaching the bull market and it's likely those patient ones will gain profit.
I don't think experienced investors sold their bitcoin cause the ones who understood how the market looks like they will not make a mistake selling their investment but we hear a lot of stories about investment plan sometimes it doesn't come with patient but with financial problem so they choose to sell, in all those who hold will be happy to sell in the bull market