What will continue will be a long phase of accumulation where the big sharks and institutional Investors will fill their bags properly. The bear market will last until these guys are able to buy their full bags, you can easily spot accumulations on bear charts, with phases when the price doesn't move a lot but the volume suddenly spikes something which has been happening since last few days maybe due to the merge. Ironically this is a necessary phase of the market as experts say the longer the accumulation the higher the next high will go. Market might recover a bit but don't expect another ATH anytime soon.
Never make yourself expect on something like that where we do able to hit up numbers that we havent seen before but we know that chances and potential could really be there which i cant really
blame out other people on having this kind of mindset or hopes that they do have inside.Its true that when it comes to bag filling or accumulation then it would really be done on a non obvious
manner specially into those big intitutions or to those whales who do secretly accumulating cheap coins which those retail traders arent really able to do notice it out specially
into those who are swing ones.There's no assurances about on how this market works or ends up but one things for sure that if there are bears then there's always a bull afterwards.
I never said we will never see another ATH obviously there will always be a bull run after this bearish phase, all that I am saying is that this bear winter would last quite long and won't quickly be overturned until and unless the accumulation is over. Also one should have a practical approach towards the market rather than just having wishful thinking that this coin might reach to this level etc. I believe this is the best time for everyone to just accumulate everything as much as possible and try to dollar cost average because really no one knows where is the exact bottom of this dump, it might even be around the previous bottom. So just keep on dollar cost average and wait for the right time to sell.