A lot of investors have been selling their coins since january and I suspect most are newbies who have just gotten into the crypto late last year buying when BTC was $20,000.
They are slowly getting weeded out and once we have only strong hands in this game, you will start seeing price moving back up.
This is a vicious cycle that happens even in the traditional equities market. Those who can see the long game are those who will make the most
in such games..