The bad news is that I don't know how this can be stopped as long as the prospect of capitalizing off of market fear remains a huge carrot for the sharks in this market
It will eventually stop as people wise up and learn how to protect their positions better during times like this...
If people were getting margin called if this problem was spiraling down for more than a month...
But we're talking a full week at best... Surely people should be able to afford to protect their positions and buy opportunities when things change direction for a week? We haven't seen that much resistance. The line seems to be quite cleanly going down.
If you go "all in" on crypto, and leave yourself nothing in fiat to take advantage of buy opportunities, then we allow these sharks to control the market the way they want. That's not good.
You are right. Always have some dry powder on hand!