The market is bad when it is all in red and bloody. It is good when it turns green and I believe that is normal. There are so many newbie investors and panic sellers so we expect heavy selling and continued downhill at the moment plus there is also manipulations in the market which many are observing during bear season, so the bouncing of the cryptocurrencies and altcoins are instead delayed due to the facts that manipulations, panic selling it creates has greatly affected the market.