First of all, it isn't panic, ever. Second, we call down a vertical bolt of lightning from the sky, channel it through our bodies and spread it across the ground. We are the conduits of the power of gods, and we laugh at your attempts to kill us close quarters by smiting your face into shocked nothingness.
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That's the only argument you can conjure up? Making up bullshit to make you sound epic without actually providing arguments? [spoiler]bladedancers aren't op, they summon the power of Zeus, and he shoots his bolt of lightening at the hunters sword, where he then tortures his victims with the might of a god[/spoiler]
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The actual reason is that a boot of lightning comes down from the sky. Watch the animation. Its a vertical attack. I was amazed the first couple times I got killed sky high above a titan, then I payed attention. It has a column. You've got to jump to the side of it or you're toast. But it isn't as if a bladeprancer can't melee someone 30 ft in the air either so....voidwalkers are really the only ones it's effective to get above.