If that's the only two choices then I'm all bullish

But I still think the situation over the past couple of months has not changed at all. The world is destabilized and it is getting worse every day with various conflicts (including the economic/tariff war). That destabilization creates uncertainty and that accompanied by the high inflation and the ongoing recession means less people are willing to buy bitcoin.
Therefore we will see small rises every now and then but no strong momentum for those big regular rises that we are used to in bitcoin market. At least not for the time being...
Well the market is suppose to be bullish since we in a bull market but it's just that setbacks like you stated are the ones actually delaying the market pump so in general its better to stay optimistic that all these waves of event will pass through and then the actually big time pumps will commence. I don't know how long this will take but I think the market always goes green in the end part of the year especially the festive months like December and November.