Not only that, we tend to forget that Asia has huge influential wait on the market outcome.
Japan forcing Bitstation and FSHO to close down for a month and penalizing 4 other exchanges in response to Coincheck $530 million hack - resulting in the biggest crypto heist surpassing Mt. Gox - will inevitably shake the market. To add on top of that, USA actions to clamp down on exchanges regulation doesn't help with the scare.