I am seeing more and more projects postponing or extending their token sales. I am starting to wonder what we are waiting for. G20 is over and it was not horrible, but people are still scared to invest.
That is also my observation. I think most of the crypto community got a little bit of trauma with this highly volatile market and I do hope it will recover very soon.

Theyre waiting for people who want to start the bullrun, because many people just want to follow the trend and FOMOing.
What could start a bull run?
Before I dived into the crypto ocean a year ago, I was watching the price of Litecoin on BTC-e (what a popular site that was) until I saw it jump from $4 to $50 after a few boring years and of course Ethereum from $10 to $90 which could be mined with a GPU instead of an ASIC and enabled a platform for startups.
It will be very hard to get a situation like that again.
1. Sudden price increase after years of boredom.
2. New way to acquire coins.
3. New way of using crypto.
Right now, I am happy when the market does not go down any further. But you are right, it's not that easy to turn the switch and everything is going up again.