Such a big movement and there are no volumes of large ....What can it say?
There are almost no sellers on the market.It remains to collect the crumbs.
We all panic and cut loss is the right answer, no volume no profit we can get. Many trader/ investor fix their strategy by cut loss not easy for them but they don't have any reason to keep stay. There's no buy or hold anymore because every day the price goes down. Our asset doesn't have value anymore, don't complaint just leave the market.
Speaking of we all panic and cut loss to be the right answer which I want you to know that it all crypto currency traders that does that because this is not the first when this will happen to the crypto market and only inexperience trader will cut losses since he/she invested into a good utility coins. However, this is not the right time to leave the market but seize the opportunity of buying dip.