Probably some are holding, buying and worst of all selling their loses due to bear market we are experiencing right now. Bitcoin suffered a great loss, so expectations are the prices are gonna be rough to watch nowadays and all the speculations of bull runs are not really gonna happen soon.
indeed, bullrun will not happen in the near future, but I always believe in the style of reflection. and of course there will be a high pump after falling very far, I am very much waiting for it