The cryptocurrency market experienced significant volatility, with Bitcoin prices dropping by 2% and some altcoins falling by nearly 20%, prompting discussions of a "crypto crash." Traders are debating whether this dip represents a buying opportunity or warrants caution, with some advising to "check the charts" and consider having stablecoins ready for "stink bids" during downturns. Despite the market fluctuations, optimism persists among some investors who reference bullish patterns like the "cup and handle" and anticipate a rebound.