Personally I do think we have bottomed out, but I think we might have a bit longer to wait before enough people are confident of this and the next bull run can start.
that is one of the main characteristics of a dump.
you can never expect the price to go down something like 95% in a short time like a day or a week. depending on the market size of the altcoin this can be a very long process to reach that percentage. and during that time what happens is that price goes down a little like 10-15% then it stops, the whales wait for people to buy back and let the price recover a little then they start dumping again to go down another 10-15% and continue doing this to reach that 95% drop eventually.