Everyone is delaying the token sales looking for the right market, but I think that if ICO is solid you can create the hype at any time of the year and in any cycle.
For me the true test of the viability of a coin should be in a bearish market condition like we're currently experiencing. Rather than delay listing, they should just go ahead and let the market decide how good the project is
While I agree with this sentiment, I think perhaps the problem is the psychology of a bear market means that many casual or inexperienced buyers will not be getting involved which must have an impact on the final success of the tokensale.