Sounds like you're talking to two different type of people. Those who are investring for the short-term and those that are investing for the long-term. I wrote a post about this recently (https://quickpenguin.net/bitcoin-investment-strategy). Whether you are investing for the short or long-term should change how your perceive down and uptrends in price....
If you take a long-term perspective (e.g., months or years), then bitcoin is doing GREAT. But this depends on your personal objectives, which are important to define ASAP.
RE: Why is the price of bitcoin and ether not rising now?