Hi!
Correction is necessary.
My opinion is that there is now a global recession in all markets. Many people are losing business and jobs. These people are looking for a means of salvation. This means that they will attempt to invest in highly speculative assets.
Cryptocurrency is one such asset. Therefore, in order for new players to enter it, a correction is needed. Possible price reduction to 11-14. This will allow to accept more bets in the game :)