Right now its very hard to judge the market situation from the past 1 year we never seen some specific changes in the top coins apart from BTC and ETH which showed some descent improvement after a bear market last year. Bakkt launch was a big expectation for the investors but things didn't go well and we are again facing some major downfall in BTC these days as well. let's believe things will bounce back soon and will see a pump in upcoming days.
It seems right, and we can't greatly expect that this Bakkt will give a positive impact on the market.
Have we failed our expectations again? It is like to see that we are in between the bullish and bearish season, not quite that bad and we could still making money around. We are might be desperate because we never saw bull run again but again, we can't dictate the market as it runs according to the market demand.