The thing about low prices in a market like this is that as the prices slide down, more and more risk averse small investors look at this and say "well, I can afford to put $100 at risk on the crypto thing." They probably avoided the rollercoaster ride last year, but now they are more open and looking for an entry point.
Bigger investors are more likely to be gunshy at this point... worried that they might get in and lose even more. They'll more likely get back in when things are already going UP again... and then help everyone else as the catalysts that suddenly drive the price up on really high volume.
That's just speculation, on my behalf, but it "feels" right.