I am confidence that bitcoin will never fall below 20,000 or 25,000 again with the huge flux of money into cryptocurrency. i am sure that no whale will be able to dump again hoping to buy back again. because liquidity is dropping from exchange. Also institutional investors are highly interested in btc plus other solid altcoins with massive market cap.
it is something worthy to note that the first 40 tokens/coins in the crypto market are worth more than 1 billion market cap. A huge achivement for the crypto space.
I agree with you that the market seems stronger than ever. There are still some manipulations that affect the price, but this happens temporarily, and the effect is way smaller than it used to be a few years ago. I also don't think we'll see the price below $20k ever again. As for the crypto market being saturated, I'm not so sure. Bitcoin still holds a very strong market capitalization dominance of 40% (just like in 2017), and Ethereum takes up another 18% of the market. Then there are thousands of altcoins, but they all take up very small bits. There are many options on the market, but it's largely dominated by a few big names than widely diversified.