The crypto market is at whales grace now and they are controlling every aspect of it because small traders are either backing off or hodling for being too afraid to buy/sell because most of them have acquired bitcoin in this early year when it was at it's all times high .
Whales are free to either pump the market or dump it even lower in order to buy with a cheap price .
What is sure that the market will recover because cryptos or anything blockchain based is the future and such things will be so popular in 5+ years that no one will be able to control it anymore ! Even big whales !
I think that good news will be most beneficial for the market in this next trimester and is the only way for it to grow back a bit without the support of whales. So it's really up to the community to make good advertising for cryptos and encourage people to buy when bloods are on the streets .