DJI just dropped a shy away from 30% from it's recent height

The chart shows that DJI is dropping almost 30% from its recent high at the historical time frame.
For those who having long position I do not think it's time to let go because what goes down will come up and find it's footing.
It has to rally it back before another major drop. Thus it would make sense to hold on until you gain back some.
Be cautions, this is a bear market and everything is really sensitive.