Who knows any more whether the market is preparing for a bull run or a quick dump. As it stands almost everything, from strong holders like BTC and LTC to alts is going through a dip and how far that's going to go well I'm not in position to say.
I do hope that it doesn't get worse than the current situation as many investors like you are starting to panic and some already selling. Obviously, this is not a good sign if we're looking for a market recovery.