Is there any reason why there is such a situation in the merket? That's the worst scenario i've ever seen.
Corrections are normal in market cycles but during the first quarter was worst plus the down trend of the world markets. There are also some reason why and those are the pump and dump traders. Normal but not good for the newbie traders because most of them are zero knowledge in trading so they loss most of their profits. Much better to always catch up your investments most of the time.