I am not sure what you mean by bitcoin market. If you mean bitcoin price, bitcoin is taking a breather. But it will recover as people come back from vacation and specially as ETFs launch and institutional money pours in. Overall, at current valuation of over $13k, it is still way higher than what it was last year this time (around $1k). So, one should not look at it as a trading play and hold for long term.
I am not sure what you mean by bitcoin market. If you mean bitcoin price, bitcoin is taking a breather. But it will recover as people come back from vacation and specially as ETFs launch and institutional money pours in. Overall, at current valuation of over $13k, it is still way higher than what it was last year this time (around $1k). So, one should not look at it as a trading play and hold for long term.