Crypto will bounce back no doubts. There is always period of boom and periods of depression for healthy balance.
Even in normal economics...There have been periods of boom and recessions. But things will return back soon. The question is what can you make out of the situation? What should you do and not do?
What you should be doing now is investing or buying and having a mountain of patience for the boom period.
What you shouldn't be doing now is selling. Sometimes things like this happens for good reason. At least if not for anything, it affords us the wisdom to appreciate crypto and be prepared to take our profits and run away...
I can't imagine seeing 50% in crypto and not selling anymore especially with very heavy capital invested.
The number of pessimistic peoples are larger than optimistic peoples in crypto. So, there must be more peoples selling in this bear market and leaving crypto.
As a long term investor, i am not see the current market as a real price. It will be bounce back to normal price at least.