Indeed it was the time for BitShares to consolidate and start grow again. Recently it was ahead of Steem with and now it sits back of it with around 6 places. Anyway considering that most of the other crypto are facing corrections right now, BitShares is doing pretty good.
Always nice to see relative strength, and especially when the general market is under pressure. It's very often a good indicator for future success.
Good observation, I always thought that in a bearish market, the best buy is the coin who goes down the most, because it is volatile and it will rise more, but your point is good! If a coin does not go down so much in a bearish market, it means that it has potential and on the long term it may be a good investition