Depending on how you want to see it, but bitcoin is in a good state as far as I am concerned. The thing with people is that they tend to always look at things from the negative angle, but one thing you are not understanding with a bear market is that it gives you an opportunity to be buying a lower price and looking forward to getting something substantial in the future.

It is all about planning and knowing exactly what you should be doing at every point in time of the market, but of course, since the only thing people like you see as a good state is when the market just keeps going to the moon, sure, everyone likes profit, but corrections are healthy and normal and they will always repeat again.