The crypto markets have overheated since late 2017, and they are still overheated, as we the retail investors battle to compel others to see the intrinsic value, which is nothing more than hope for a better tomorrow. With the same logic we should just get back to fiat and get it over with. Until there is a concise understanding of derived value, we will continue to see volatility.
Till then, expect the market as a whole to correct. Watch out for BTC, it will set the trend for the correction. In the short-term, short, in the long-term long. Enjoy brothers. Peace.