When I saw the red crypto market in late November, I was very worried about the altcoin price, the Bitcoin price dropped and this is a sign that Bullrun is coming, we have experienced this phenomenon at the end of 2017, we are waiting for what will happen in December
I do not think there will be a bullrun this year. People who have bought expensive are probably nervous and people who have sold early think about whether they ever invest again.
It takes quite some time, I would even say: a lot of time
You are correct, this is a big problem for cryptosphere now. The huge amount that has been taken out is not guaranteed to be put back in even if there were signs of a bull run. We have again seen how volatile crypto market is and I worry that this might have made people cut their losses, and the ones who sold when price was good feeling happy and not wanting to take the risk again.