just take a look at the index. nearly every coin is down below zero.
this has nothing to do with the alts itself. the main reason is still that btc manipulates the altcoin price.

when the btc drop gets even harder, alts will also fall very hard. they are already blindly sold after the rise of btc but it can get much worse.
but this is also an opportunity to get very cheap alts. you just have to be fast when it surprisely drops otherwise other people will take your order away

the main reason is that people have enough being a playing ball of btc so they get directly to btc.
there are many good and bad projects in the altcoin market. the big problem is that indicators dont matter when btc pull alts how it wants,
but there are still opportunitys