Sure you are right, but right now poeple are losing sleep over the price because they have a lot of money invested. So let;s address this issue.
I don't think 'beleive' matters here. You can trust the technology and the process and support the goals and targets of this innovation.
You have to make your analysis in the foundamentals and the price history, always base in facts and figures.
Let the price fall, and fall it will, until people have given up. Then, the price can start 5 wave moves up again. This is how it always plays out.
As opposed to this, the price rises when there is hype and lots of FOMO. Investments fuel growth.