I believe the current market crash has been engineered by big players, they would buy heavily during this dip and sell when the market pumps again in future. In this way, they gain big profits.
I also believe that the current decline was made so that large investors could buy cryptocurrencies at an attractive price.
Bingo! The biggest players made everything they could to let the prices of the main cryptocurrencies fall so greatly. Now they can easily buy more crypto, especially Bitcoin and Ethereum, and pay for it less.
Seeing the market is very easy to set up and manipulate they can buy a coin at a cheap price with some effort,
they can reduce prices very deeply, when they have bought what then? of course price increases, be prepared