Everything is red because btc is dumping, after btc dump there is a btc pump so alts will continue to fall. Only when btc stabilise alts can grow. Don't forget that.
I think so too, btc is very influential on altcoin, this will be hell for the person holding their coin, i hope this only takes a little time to make it normal again because i still have some altcoin that i hold
early this year is indeed hell, I am not sure this price reduction will not be long, because I observe everything down an average of 30%, luckily I've sold half of my coin at a high price yesterday, I still believe that altcoin exchange rate will recover even more than ever