I have recently made a post about my theory (and there are so many of theories at the moment) yesterday. In summary, accessibility to crypto markets has been restricted lately and new capital influx has been limited. People not seeing the exponential growth that they are used to are cautious and some are probably taking some profits out. With no new money to replace that the only colour we can possibly see on our screens is.. You guessed it - red. Keep your head up, we'll be fine.