I think a lot of people got into the market in late 2017 thinking money is easy to earn and they can just buy any crypto and get rich.

This attracted too much attention and now the market is sold down by all these new investors who are getting burnt and getting out of

the market.

When the market rises again, these same buyers will want to jump in one more time..

Doesn't this sounds the same as the stock markets??

Human behaviour is the same everywhere.. I do not think this is a surprise.

And we are likely to be "surprise" by the next growth stage after all the weak hands have sold of their crypto..