They only lost confidence on luna but not on the other cryptos that they are holding. I know other cryptos are also dumping but now this wasn't related or caused by luna. Before the luna collapsed, the market are already on this phase. 100k for btc is one of the wishes by the many but if they have priority I think that is when the price starts to stabilize and break the 50k barrier.
100k can only come soon when the situation became a little better. It's normal that they can predict higher prices for btc but they can't expect the same thing for altcoins. I know alts can follow btc but still, btc is still more superior compared to all of them. Tbh im not buying but I am just earning sats online and for me the cryptos that are worth it for long term is only btc.
Remember also that crypto is dumping because stock markets are dumping. Bigger fears from inflation, Asian stocks slipping and now European stocks are following today big dump,,, all of this always leads to more selling for crypto, so Luna news is not alone.
Even if people get over it we have months if not years of global fears so we have to prepare for worse scenarios this year.