Why did HBAR crash?

Could you elaborate on the potential reasons behind the recent crash in the value of HBAR? There seems to be a significant drop in its market capitalization, and I'm curious to understand the factors that might have contributed to this decline. Could it be due to market sentiment shifting against the cryptocurrency? Or perhaps there were some negative news or developments related to the Hedera Hashgraph network that triggered the fall? I'd also like to know if there's any technical analysis that indicates a possible recovery in the future. Your insights would be invaluable in understanding this volatile market.