While I would have the same judgement that anyone selling right now is probably making a mistake but then I believe there are traders who take money on interest and they cannot afford to hold during dull times or bear runs. They have a constant interest rate that works against them and if they sit idle, they will eventually lose everything. They have to sell in loss and then buy/sell again to make sure they earn enough to cover up the loss, earn enough to pay the interest and even save something for themselves.
This is why I am always against taking loans to trade unless you have received the loan under favorable conditions like interest-free or without collateral, anything that adds value to the loan.
You would have made this clear if you stated the coins you’re trading. There are many cryptocurrencies in the market, from Bitcoin, to Ethereum, Ripple, and so many of them that are out there. And the whole coins doesn’t go up or down at the same time, although there might be some of them, especially the top coins, that moves the same direction with Bitcoin, but many of them are totally different.
As for now the market for Bitcoin is being bullish, if Bitcoin is what you’re investing or trading, the market has been on the bullish side for long now, though there are times you can’t predict , because sometimes it seems it’s about to slide into bear market, and then before you know it, it’s going up again.