Price drop is just profit taking

[rfisher1968]

The price drop is just profit taking. Those who sold at the top just make more money and buy back at a lower price. I'm holding.

[Wilhelm]

Yep it's not a coincidence that this happened just before the new ATH.

So many people bought into the last bubble at these prices. They want out and have been waiting for years to get their money back.
Alternatively some whale is shaking out all the stop-losses for profit.

As with bitcoin just HODL or take profit. If it goes down just HODL it will go up again