This is just another push down the lane. I think why the so much shout is because the coin was expected to rise because of the season we are. Thus, the drop is momentarily for now .
Yeah, it seems seasonality isn't an argument. According to seasonality, alts may start a bull run if btc finds a stable price, but that's hasn't happened so far. I was expected alt season to start these months, but at the moment this doesn't happen. Hope to see alts growing soon, as many of them already lost more than 90% from ath.