"I'm sure some people will panic over this" Haha I actually just wrote about keeping calm through this dip in prices. Things look a little bad but prosperity always seems to ebb and flow so jumping ship now may be a little premature. It is the emotional reaction though and I think you hit the nail on the head when you call it a "psychological barrier".
Either way it goes, I plan to stick around. The price is a little crappy compared to how it was a few months ago but there is also less competition for attention and SP is way easier to come by. For a small account like mine, those seem like good things and I credit them for the recent growth I have been experiencing.