One major factor behind this decline was a $1 billion increase in open futures positions on Binance. Many traders likely placed short positions, betting that Bitcoin's price would fall further. This increase in short positions shows that some market participants expected a deeper correction in Bitcoin's value. However, not all traders were bearish, as some saw the lower price as a buying opportunity.
No doubt investors sees the fall in price as an opportunity to buy but it's different with other investors cause others may see it as a medium of gaining more profits that's due to how much they must have gotten and if they probably decide to sell at that time of the fall, so it's vice versa but nevertheless it's a great opportunity for investors who really understand the markets trends and know that when Bitcoin is at a good price it's an added advantage to more optimistic opportunities.
Whenever the price drops then each person will really be thinking up that different approach.
1. Newbie traders = Easily panics then panic selling
2. Day traders = Buybacks on possible bottom sell out immediately on swing high
3. Long term= DCA
It will really be that situational since not all would really be having on the same preference or their conditions or situations on how they do set out themselves whenever there's price drops.
There would really be those times or moments on which you would be having that kind of panic but on the moment or time that you've been dealing up with this market for how many years
then you would be able to tell that these kind of drops are really just that normal or something that you wont be that caring at all. We've been that wary that this market is volatile on the first place
and this is why whenever it do drops then instead on panicking then it will be best that you should be seeing this as an opportunity for you to have that buybacks or to accumulate even more cheaper coins/tokens.