It's pretty safe to say that barely anyone is selling right now, and why should they?
The only entities selling are a bunch of rats using their bots to get people to sell. It's a shake-out, but no one is selling so expect things to turn more ugly. I'm not saying it will turn ugly, but just expect it. If it ever comes to a point where it does turn ugly you at least won't be as affected mentally. I wouldn't even be surprised if this is done by institutions looking to score coins before the next bull run starts.
Don't forget that during the peak of last year, long term holders and investors have sold quite a bunch of coins. These coins need to be bought up in order for the price to go up. The only question is at what price it will be done. There are just too many coins floating around that needs to be put back to sleep for years.