do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?
Over all current crypto market is on bear mode. Although bitcoin sometimes showing bull trend but all other coin just dipping hard. That's why I feel we are on bear at the moment. I am assuming that market isn't going to recover suddenly. Investors are moving to bitcoin from altcoin in my opinion and market won't recover till return of investors. For that, new investors should take entry on bitcoin so that bitcoin will more bull trend and altcoin would start recover.
This market is always full of surprises for all participants and we cannot predict what will happen next in the near future. In my opinion, the volatility of Bitcoin affects a lot of other altcoins and this happened continuously in the last 2 years and there is no sign of stopping. The bear market can be daunting for many but if you're a smart investor then you will choose this time to look for good projects.
I have been following the value of a lot of altcoins in the last few months and most of the value of altcoins only increase when Bitcoin tends to rise.