EOS GETTING BEAT UP AS CRYPTO MARKETS FALL TO NEW 2018 LOW

following another week of heavy losses crypto markets have broken below $250 billion and are poised to head further south. Many speculation that bitcoin will go down to around $5000 where it will find support before heading back upwards again. The bottom line is that speculation is all this really is and nobody truly knows how low this bearish market will take us. BTC is currently 3% lower than yesterday's value tranding a just below the critical level of $6k at $5.960 at the time of writing. Ethereum has declined 3.6% on the day to trade at $455. altcoins predictably have suffered havier losses. which i never saw. Nearly all of them are in red this Sunday morning but a couple of them have slowed in their downward slide.
IN the top 10 EOS once again has taken the biggest hit,plunging a further 13.6% on the day according to coinmarketcap.
The bottom seems to be falling out of EOS which has been long hyped as the next big thing and an 'Ethereum killer'. At the moment it is getting killed itself ,tradinf at $7.4 down 38% on the week from $12 this time last weekend.