Why is Fantom crashing?

Good day, could you please elaborate on the reasons behind the recent decline in Fantom's value? Have there been any specific market developments or technical factors that have contributed to this drop? Additionally, how does the current state of the cryptocurrency market as a whole play into the downfall of Fantom's price? Is there a potential for recovery in the near future, and if so, what factors might drive this? Thank you for your insights.