the state of crypto now is when bitcoin pump alt dump, and when bitcoin dump alt dumping harder.
don't we all want to go back to pre-2017 again? oh, happy time.
That is the psychology of the market the big whales knows better how to move this market and make panic the people to make big profit by practicing this strategy. Even this is fishy thing but I would like to do agree with you that's happening in front of our eyes as like ETH is moving to low level.
And the sad news is people still fall for this heavy manipulation by the whales, and the most sad of the whole scenario is what we are experiencing now, alts can't break away from btc clutches, now btc will dump, alts will dump even further, btc moons and alts keep dumping, it's like a vicious circle, alts are caught in the middle, and the weak hands are not helping matters, they sell at any slightest dip, investors are afraid to put in money, the market has change from 2017, it is hard to predict it.