BTC is now down more than 50% from its all-time high.

Although there are always some short-term reasons for most of the previous sell-offs during the uptrend, there is currently no major theme to explain this relative weakness. It’s simply that there are more sellers than buyers (as usual).
This makes buying more difficult and market sentiment also worsens. People are more likely to overlook a correction if there are any positive prospects, which investors are finding hard to come by at this time. But as we all know, the best reason for people to buy back in is simply that the price will go up again at some point.
Patience is key, which is why I am only being cautious and making sure I am prepared for both scenarios while trying to accumulate as little as possible over time.