I have lvl42 items that are better then lvl 160 items. Why is there such a wide range on the parameters within items.

Doing lvl142 dungeons, but still running around mostly in from lvl 77,

here are two examples of how weird its current system is.

https://ibb.co/tmB3pk2
almost no difference between such a huge lvl difference :(

https://ibb.co/NCrGBb5
lvl120 bow with 13-30 damage, like wtf is this crap?