... total market capitalization will drop to $250,000,000
So there is a long way to go yet!
I suspect that those who entered the market recently, within the last 3 months, I unlikely to ever see a return on their investment. I doubt the market will reach $600,000,000 to $800,000,000 again.
HODL is bad advice. This happens every January is nonsense.
You have been warned.
I agree to you, most of the new traders who joined the market recently are on the rush to sell their coins because the value of alts and btc is slowly decreasing. In this days they need to hold their coin longer in order not to lose profit. It was just a bad luck for everyone who invest a huge amount when the value of coins before is very high.