1. About the news: there will be continuous negative news when bears are dominating;
Yeah, there will be, as usual, the FUD will be always existing even it is in the bullish or bearish market. the FUD badly will probably come from the big countries that will give big influence to the crypto. And then many people believe and triggered to panic sell.
. About the recovery: in the worst case scenario, BTC will retrace to $58-60K and altcoins pumped quickly to reach a x10 index against BTC;
This is the altcoin season. I remembered when the week should be the altcoin season but it was lost because of the FUD, big FUD from everywhere, driving people to panic, and then like right now, the market dropped more than 50%. And yeah, BTC may still go up again although here is the altcoin season later.