Indeed, the stock market is dumping now but people are not buying it instead, they keep selling their shares at low. Maybe you are right that a blood bath will come sooner in crypto as per you see, then let it happens because investors will take that shares.
It is to understand the hard situation causes for the stock market to dump but not in crypto. And I don't see that COVID-19 will have a huge declining impact on the market price instead of seeing it having an uptrend motion which we never think at first ( that is what we have now). The crisis will over soon and the economic growth will recover then, if we are impatient enough to wait for it, that is a big regret on our ends.