It might be naive to say this is a market crash because I think it's normal, but look at the psychology of speculative traders and users who buy memes. I'm sure if the asset drops 80% at a time like this it's not impossible to pull out and buy cheap ones in the hope of getting your money back. If you buy fundamentals you'll just relax and in a few days the price will go back to where you bought it. ETH, SOL and BNB and other strong coins.
Market crash is the normal one based on the market condition and demand in the market.But the trader who want good money from the trading should use their money to inverse during the market crash in the good potential coin.So when the market become the normal,the correction to the old price itself give good profit to the trader.In addition the market will pump above the market value of old price.This will give the traders to again additional profit because he had used the market crash condition to inverse in the potential coin like Ethereum,Solana and BNB as their long term assets.