It's a Very Struggling time for Cryptocurrencies. The Market Goes down approx 10 to 15 Percent. Bitcoin Drop down $7k, On the other Hand, Ethereum goes down $400.
And I am sure that you are not the one who are very worried seeing the market really struggling to get up in the last couple of months or so. The bears still rule the market sad to say. And there are no news that will push the price to at least $10K. And many are also doing shorting, buy in dips and when the price goes up a bit and then see profit, they immediately jump on the opportunity to take it.
That's how the market works right now, but hey its not the end and I firmly believed that we can't go like this forever, there will be a time, probably mid to end of the year that bitcoin will make a massive bull run so don't lose hope at this time.
I agree with you completely. I feel that the drop in stock value of companies like Facebook, Oracle etc due to the confession by Zuckerberg and other reasons led to a drop in the value of crypto at the moment. The bad news continues to hit crypto on a regular basis now, but I am still optimistic about a bull run in the near future which is why I am not selling any of my coins at the moment and am HODLING them for long term profits. Don't get scared by the dips op since the entire market can bounce back at any point of time due to the extreme volatility of this market.