We have been in a bear market since the first quarter of this year.
If your short term trader then this season is bad for you, but if your a longterm holder just set back and relax. Large investors will always find a way to buy cheap coins despite of some bullish news published. Only those weak hands and newcomers are affected and fear creates domino effect, not all investors are well educated in crypto thats why selloffs is inevitable.
I agree with this statement. Long term investors are actually enjoying the prices right now. They are shopping coins right now. All they can see today is this coins are now on 50% discount.