We are still in the bear market I believe. But what I see and observe is that some traders are taking advantage of the market dip which makes them profitable also. I guess bear mode is important because the market needs to go through a cycle and bear cannot be avoided.
Bear mood is definitely a good thing for investors to buy low and make a lot of money in the bullish times. It may not be the best for the market generally but for speculators it's game on for profit making.
Excellently, taking an oppurtunity on a market dip is a brillliant way to gain more privileges and immensely profits in the future. Sometimes bear mode is one of good thing you may encounter in this crypto world. And the advantages in this bear scenarios is you can invest more reliable profits while it is on dip.