Long market pulls back- panic .. but why?

BTC and other cryptos are a long market.

Yes- lots of downside action but only in context to the massive bull runs previously experienced.

Unless BTC breaks the lower support line and fails to break back out of the range..the market is still long!

Yes..there are thousand opportunities to trade short, scalp and arb...but in a position trading sense, we are still long...so hodl...dont panic...