Lunar new year is coming in next two weeks. It is big public holiday in countries such as Chinese, Indonesia, Malaysia, North Korea, Singapore, South Korea, and Vietnam. I think that people from these countries will sell coins and prepare for new year holiday
Your predictions are quite accurate, in Asia in the next 2 weeks will come Lunar New Year, the purchase of goods for the Lunar New Year is rising, people in this area they will sell altcoin more than buy. I think the number of investors in these markets is not great but it also contributes to lowering bitcoin prices in the near future.