This is good for those who understand what's what for, because it is to a great regret not a large number of people understand, probably because people still do not have a big worldview. Because now is a great opportunity to buy crypto currency again.
yes market correction is good. But prolonged bear periods are not good for the market. Most will suffer from this and exit the market. some will not invest for lifetime again.
Good or not that depends on the fundamental of the market itself, this time a lot of correction seem to be unhealthy due to the various reason. So many people are feeling disbelief in the crypto and they are not wanna taking the risk by involved in the market which has dominated by the whales and any other market manipulators. Man i guess this will be so difficult to explain.