Hey,
When the market first started dipping, i was really convinced, that it would go up again, but now I’m not sure anymore, many altcoins like avax are basically on bear market levels and these are bluships. I was kinda sure, they when trump would get vodet, the market would reach new aths bot now its not looking to good for him anymore, and the market keeps struggling.
Happy to hear your opinions und when it will go up again or not, and at witch levels u would sell or buy more?
My personal opinion is no, it's not over as this cycle has been shorter and lamer compared to others. And i guess my answer also depends on what time frames are you speaking of when using the phrase "bull market".
But that's because i am trusting way more that market history would rhyme with itself, just because others probably believe that as well, so it's a self fulfilling thing.
If you believe in TA, moving averages are still bullish, but they are reacting slower to bear market, so i wouldn't use them as a confirmation for bull. And since oscillators are bearish i can understand why people would short everyting. Because if btc btc doesn't break $61k soon, i can see it going even lower.
Fundamentals are better then ever, so in a long term i can't see problems. BTC might drop, but that's always temporary.