It's still not quite right to say bearish because bitcoin is currently struggling at $ 50k and I think this is just a short correction and we'll see the movement after that, I just think that when bearish happens then the decline must continue, but it's still struggling.
I think that altcoin is still a bit corrected as well and how it will push forward depends on the significant movement of bitcoin, but we must know that this influence will not be long. I believe in what is happening now bitcoin will experience a bullrun after this.
That means it's not really bearish.