Nothing is wrong. now coins are trying to improve themselves. there are those who are trying etf, hardfork, and all of them aim to re-attract investors and then the market will return to good again.
Good coins will do their best just to back on track but it will not happen easily and it will take more time before we see the growth. The wrong with the market is that, manipulation is still in force and they are trying to create more panic so they can own more bitcoin. This is totally a devastating trend of the year, no one knows what is the dip price so people continue to panic and sold their token at a big loss. Let’s hope to see the dip price now, so we can start bouncing back and hopefully more investors will come this time.
Nothing is wrong with the market, all PONZI's end this way.
All crypto is shit-coin, how can you make the argument there is any 'good coin'?
Next thing we know people will be pumping&dumping shit, because shit-sells.
You can fool some of the people some of the time like the most recent parabolic-rise of btc, but you can't fool all the people all the time, everybody on earth now knows that bitcoin was a PONZI.
It's game over, but the HODL-ers all think there is a GREATER FOOL, guess what you get holding the bag, your are the greatest fools.