Crypto were never dead on first place. Dips like that are not unusual, and we should be prepared for them.
And we are not sure that everything is over, wait couple of days and will see if the market is heading towards recovering or not.
even Mike Novogratz have called the bottom, what do you mean by saying it is not over. I am pretty sure we will slowly and steadily move upwards from here. Now we will see other bull markets (like stocks) change into bear markets.