Same thing said by so many school of thoughts, but looking at the charts, it will be noticed that the market had a very huge bull run late last year to early this year, from all indications, the correction will still continue for sometime before another run
The conditions are not the same as last year that´s for sure, many of the greatest ICOs would now be unbelievable, and there is a drag due to scam and things like Tezos or the DAO.