Losing 2% of your body mass either doesn't matter at all or it matters a lot, depending on where and why you lost it.
A general market trend is a concern. 2% of the NASDAQ tanking because it comes specifically from the 10% of it that is wrapped up in vaporware and is heavily leveraged is a crack in the foundations.
This probably isn't the straw people want because they're not concerned about the consequences. It is, however, an objectively huge market correction.