Looking around, only Bitcoin remains relatively strong in the crypto market, while other altcoins have become indistinguishable between bullish and bearish. One can hardly imagine how low altcoins could go if Bitcoin were to drop again!
In fact, those who play in crypto are all smart people. Most have now seen that cryptocurrencies only have speculative and hype value, and there is no other value support. This is the fundamental reason why altcoins only drop and do not rise.