Haven't we learnt from the past? We are still doing panic selling which was witnessed as there were fuds created by some influencers about possible rejection of spot ETF and once this spread across we saw how people were on selling mode which literally brought down the value of Bitcoin to $40750. But this was a tight slap on face of those who tried bringing down Bitcoin as it survived this attempt as well and rising again.
There's no stopping this because it's part of the ever-present FOMO of thinking that ETFs are the only way for bitcoin to keep rising.
Things like this are bound to happen and they include will always utilise all means to make them individually profitable and aim for people to sell their bitcoin especially for beginners who really believe that ETFs are the way to bring bitcoin higher and when ETFs are not approved bitcoin will not move and instead they will lose.
But indeed things like this need to be emphasised to those new people who still believe in things like this so that panic can still be minimised. Even though if we remain confident in the long-term plans we have, we should be calm that things like this will not interfere with the plans we do for the long term.