I think this conclusions are pretty obvious by now, but the good thing is that the crypto market has survived and will remain resilient. I don't know when the author wrote this article, but halving is less than a month from now. And we should move forward with the current flash crash. As one poster have said, it is depressing, but I guess everyone should look at the bright side, we have survived and I guess everyone is looking at the next big event - block halving.