Now BTC dominance at range of 55-60%. last 2 weeks gone bloody red. i saw panic selling most are. In coming months BTC profits should come to alts and BTC dominance can be lower 35%. so alt coins prices will 3x-10X from current price.
keep in mind all the coins not perform in same way.
most of the newbies, dont know what is going to happen in next months.
If you refer twitter , you get panic quickly.
There are many reasons that make them do that, basically they don't have a Trading Plan, they think that they will be finished if they don't sell immediately, lol. although Good News and Bad News that cause prices to fall are common, i believe most of the panic are newbies who have just entered the market.
A strong mind means strong hands.
Newbies don't have either usually - and they become prey for the market, unfortunately.
They just need to learn more and keep it up.