Since last few months almost majority of trader/Investor are seems like hopeless or bored from this dead marked, Expect whales or manipulator. Here are many are at safe side by making some decent moves during a little recovery season, But still a majority of peoples are in extreme loss or average loss. Here is many aspect behind the all scenario. A few are following:
a) We always expect a big hit and don't trade according plan.
b) Many strong projects are effected due to shitcoins performance.
c) Altcoin will still remain dead due to Bitcoin's FOMO
d) Worst reasoning why Alt market will not be bounce back at the position where it was before all this mess is
Most project dump their whole supply in market on its investors.
The truth of the matter is, most of these projects are cunning and dishonest. During the early days, they will be humble but once they get the money they needed they come up with excuses to either exit the project or delay development. Also on the other hand, during this bear market most projects focused on developments so that once there is a change in the market they won't be seen as those who aren't serious, reason why during an uptrend in the market, most projects or altcoins will boom and some won't. Also, the market is unpredictable thus it is necessary to apply caution all the time, in the same way, any project being affected by shitcoin performance is missing something important, check such projects. About a project dumping it's supply on investors are just looking for a way to exit the project and that's all, as it makes no sense doing that.