the current market is very difficult to predict technical analysis there is no point in indicators not working well what you do to trade in a market like this
If you want to protect yourself do not sell at this moment because most of the whales are selling gradually it will move to downward so peoples are afraid in current situation. But I recommend to hold and buy in this dip because crypto market is not stable at anytime so as soon as possible market will recover in future.
it depends to the trader if he/she want to sell her/his cryptocurrencies. If you have enough knowledge about trading then it will be easy for you to make some decision during this time that the market isn't in a good condition. We can't blame those people who is afraid in the current situation of market most of them are afraid to risk and we can't literally avoid that.