The development since late December shows very clearly what is happening.
The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.
It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.
Except on every round the dip gets deeper and deeper.
The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.
Face up to reality, the party is over.
You have brought a lot of negative thoughts in the article. I think the market was not as bad as you think. You are only considering the aspect of the market and you do not compare the Crypto market to the world's stock and economic markets.
You need to gather more information before making your own judgments. The forum needs constructive and logical commentary.