Personally, I do not think the market has recovered as we can still see the fluctuation in price of some coin while some do not show any sign of growth especially altcoins but I am sure the market will recover soon and the bull run will start.
Right. What I believe is that the market has started showing bullish signals and we are on the way to market perfection because we have just left behind a very passive phase of depletion in the values of Bitcoin and other coins as well. The fall could also be temporary and should not be considered a sign of another red beginning.
On the average the indicators affecting the crypto market positively are positive and this is visible from the average rise in the value of Bitcoin though it is slow. Having said that, we can say that the market is on the rise and soon will be in a much better position to give away.