Did they lose to Trump?
I don't understand the insistence on recovering there...

Sell everything at the current price and buy ETH, ADA, DOT, or whatever; in three days, you'll recover everything.

The entire market is stuck with the liquidity they are holding, waiting for Trump to recover: if they pour it back into the market, everything will start to flow again...

To make a mistake is human, but to persist is denial.