I don't think that we are still in the bull market now. But I respect the people who are thinking that way. I think that we already have entered the bear market. The big dump and the movements of the price also prove that, in my opinion. But I hope to see Bitcoin price starting to rise again and reach a new ATH as soon as possible.
I have the same feeling too, it feels like this is a trap or a reversal of some kind so I don't think that it's good to do a big move in the market since people are hyping the market and we know that with the hype, it's possible that we will end up with a rug pull at the end.
For now it's still not stable enough at the time of the pumping and only lasted a few days into another dip but I think it's still pretty good even if we don't see a real bullrun, but it will definitely happen again, trust me!
A reversal to the beginning will definitely look like someone who is controlling the market but I don't know what really happened, I think we can only follow the direction of the market and the rest we can judge which opportunities are good if the bullrun hasn't come yet.