I think its hard to say but imo market hasn't returned yet. It still didn't cross the big resistance (log) since Dec 17th.
Also we are at the deathcross right now (Ema 50 crossing Ema 200) so I expect even more downs of total market.
There is no fud or anything, just still bearish signs TA wise. Unless we don't break the big resistance we are still in bearish phase right now.
Let's hope for the best and wait some time to see it recovers in a much more stable way.