Critically observing the rate at which bitcoin value is low at this time, I now imagined how low other altcoin will be by now,even with bitcoins superiority. What is your view?
I think this will be over soon. When the value of the alts reaches a very low level in the near future, when bitcoin dominance reaches 71% - 73%, then the market will reverse. because when there are too many transactions in Bitcoin but the price still cannot push, traders will lose faith and start selling Bitcoin to buy and hold altcoins.
That is the general sentiment and that will happen soon. The market will balance again.