The market this time is tough, and I'll be honest with you that we have seen many such scenarios in the market, but this time it is different and different because we see some sort of rally coming in, but all of a sudden something happens, and that rally is gone and crashes here. Again, we have seen some rally in the market a few days back, but now there is again there is where most of the coins are down again, so it's like red colour has become the favourite colour of this market, which is not going away.

Currently, it is bearish, and there is a lot of fear in the market, which you can also see in the snapshot below, which reflects the market metric. If you don't call it extreme fear, it's fine, but fear is certainly there, and it is not bullish at all.

Link

Generally, the bull run starts when people are fed up with the market sentiments and they lose hope. Then that time arrives, so hopefully that time is very near, but again, it is very hard to predict when that is going to happen. We have not seen the alt rally in the market, and it has been awaited for a long so now that we are part of the market so we need to have some patience and wait for the right time.

The market can be great if things improve, and Bitcoin is already doing well; however, it is still down, but looking at the current scenario looks like Bitcoin is going to rock again. But what is going to happen with the altcoins is still a mystery, and nobody can predict it completely.

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