Market is worried about Coinbase's cyclical revenue in a highly competitive market of attracting net new deposits and trading volume instead of focusing on what it should be focusing on, Coinbase's new Crypto-as-a-Service offering while the SEC just said they want to move the entire financial market onchain. @coinbase will be critical infrastructure for the 21st century and will generate sticky, recurring revenue that will dwarf retail trading revenue. If you don't believe me or don't get it, I don't have time to try to convince you, sorry.