What makes it so terrible is because of huge market fluctuation. It may be this is not a reason to complain about the situation, we are living this for a decade already. In fact, it was our great opportunity to make profits as fluctuation keep doing well. It is only a big problem here that some trader and newly existed investors were so exhausted with the current condition which they fall into panicking decided to dump their coins rather than to hold.
I do not really understand why some traders do not like a high market fluctuation, the highest the market fluctuation the fastest you can make profits, this is a known fact, so when the volatility of bitcoin is increasing I am happy about it because that means that you can make a lot of money really fast, and I have yet to see another market that allows you to get the profits that you can get in the market of cryptocurrencies, but if you do not like the high fluctuations in the price you could always trade other markets that do not move as much.