I think regarding the market right now that is bullish, especially by looking at the rising price of bitcoin, there are some groups that are looking for a temporary profit by selling bitcoin.
The market is compose of different group, those who sell or buy in short term or long term, and those who short or long the market.
It's a different interest therefore don't expect that because it's bullish now, it will be forever bullish, I'm sure the past has already teach us how to make a smart decision this time.
The case for panic at this bullish moment was when the announcement of the winner of the U.S. presidential election Biden. Bitcoin briefly dropped, but rose again quickly. Perhaps there are some groups that sell their bitcoins and some who panic sell. But quickly the price of bitcoin recovered again, as many bought back. Now even the price of bitcoin exceeds $18K.
I don’t know what will happen now at the time of bitcoin correction. whether to be accompanied by panic sell or not
I don't know the reason why the presidential announcement of the US president has something big to do with bitcoin, these people dictating the market movement now may easily dump it, so be careful with that, always be alert, don't get caught and forget about HODL for a while.
Time to make profit now.