The market in terms of crypto is unstable. If you look at the drop and rising of BTC alone, you can see that the market is still very new to crypto even with the boom in 2017.
In business terms, you can say that crypto is in its Adoption Phase. During this phase is where the market and product fluctuates a lot to find its norm. The norm is where crypto fits in the market and where the market accepts crypto for what it is.
You can tell that we are slowly heading past adoption phase with governments starting to accept crypto more and more. The government such as
South Korea and
Canada are developing regulations for crypto. With regulations, you might see market stabilization, but this would require more countries to follow. If only a few countries do this and major players such as China not taking on this idea, the stabilization might take a while.
This is my own personal view