it's still down of course, btc is only $9K now (rounded off) while its ATH was $20,000, a 100% growth if BTC will make a new ATH again is a good gain within one year only and how about altcoins, if ETH will make a new ATH that would give us a lot of profit at the current price.
It's down statistically, but that's all there is to say about it. 2017 bull run was driven by insane hype and fomo while current prices are trending up in a healthy manner without hype ($9000 without hype is pretty damn good). Also, we haven't spent all that much time around the very highs of the 2017 bull run, so it's pretty insignificant on that front as well.
As far as altcoins go, they will obviously follow and come to a point where they leverage well beyond Bitcoin's increases with how thin their orderbooks are. When that happens consistently, you know irrational buying and fomo is around the corner and therefore prices will shoot up to levels beyond what people deem possible. Crypto never fails to surprise people price wise.
The bad side of bull runs is that people lose their mind and scammers will effortlessly empty their pockets. People never learn.