I do not think that traders are selling their assets now. The market is experiencing worse times, but its unlikely that anyone will want to sell their cryptocurrency so cheap
I agree with you, I am also one of the investors who still survive the decline of crypto, hopefully in 2019 there will be good news.
panicky traders usually is new traders cryptocurrency and don't have too much trading experience in the world of cryptocurrency, but if investors who are familiar with cryptocurrency and already have a lot of trading experience, they know the strategy when these conditions will be used for profit even though some investors those who are still holding because they know that selling their assets at a low price will make them get a lot of losses.
im a veteran trader but i do panic . i panic sell whenever there is a good oppurtunity , like for example if the market is pumping too hard . aside from panic selling , i also do panic buying when i see that the prices are dumping too much . see ? its not about the experience but its about how you controll yourself too not get carried away on what you currenty see or hear .