Market is really unpredictable and as recently price of bitcoin was fallen drastically. Only one news can ruin the market of any crypto coins after hard fork of bitcoin cash market is act like red phase.
I still really do not know why a lot of people are attributing the bitcoincash fork to the downtrend in bitcoin at the moment. Even with the whole hash rate war thing, basically, no one actually cares, and even if it is because of that, it is a good thing to actually see the market giving an opportunity to at least be buying pretty low in the market. More like a bonus or the market offering its own black Friday.
What is going on in the market at this moment is the market giving the smart ones the signal to start having bullish mentality but unfortunately, people only tend to have bullish mentality when there is FOMO, a time they should even be scared.
Well at first i also thought that it was people being confused about that bitcoin cash hardfork but as the week progresses and the price continues to drop, evidently it isn't the case. And i agree with you in a way. People's mindset should be the other way around when things are bullish or bearish. Though of course, it's normal to feel anxious when you see your assets plunging. That's why you need nerves of steel when you deal with this market.
