In fact the crypto market and stock market overall are heavily affected, its just crypto fell for a month and then climbed up (for a reason).
Stock market fell a lot so people were shocked, sold their investments and invested in crypto instead (here is the reason)
I don't know honestly what to expect from this year and this world anymore, our predictions are so random
The reason you gave could be true for some people, because not everyone has the same reason for investing even though the same goal, which is looking for profits every year, so in general what is expected by all investors is to minimize losses and get as much profit as possible on every year.