Current situation is similar to July 2017: after rapid growth of alts and market crash, volume reduced to ridiculus marks (for example 23k on bittrex when normal volume is 70k+). Nothing is going up, so most try to avoid trading and are waiting for full recovery. We also think that this strategy is the best one now, because every little FUD can dump alts market, so there's no point in investing now.
If we talk about BTC, it's headed to 12k$ target. Key support is now 10k$, so if it isn't able to break resistance, it will probably move sideways around 11k$.