Are you even watching the market, the market moved up in the past few days around 20% and you think it is not the best conditions now. Check out the market and if you are comparing the current market to the all time high valuation then you need to wait for a much longer time and you cannot use them as a benchmark when comparing the markets either.
I see some people not updating the market today maybe because it is still depreciating if the market falls in the fud news impact, the current market bulls signal an instant recovery even after the $30k btc stack last month and the market will hit $50k soon in August.