Thats a bad move if you ask me. The biggest moves always come the first time it happens. Imagine a heavy ball filled with air hitting the ocean. It breaks the water and goes below based on how far its fallen (momentum) and then breaks out of the water on the way up and then settles back down on the ocean. Thats kinda how i see it. This is a flash crash and based on people taking profit and wiping out weak hands. As its a bull market it will be a case of buy the dip. Strong hands will get stronger weak hands weaker. Bull make money bears make money and pigs get slaughtered.