I don’t think anyone has said “the market has clearly bottomed out”, certainly not me in my post, but I guarantee that some stock prices saw their bottom price or damn close to it already - some not.
Likewise - Some companies, and markets have intrinsic value that were overly affected by panic selling - but they, the ones that have value in any market, will be fine in the mid to long term.
While I’m sure others on here have seen more market drops than me over the years, but I’ve seen my fair share and ran share dealing departments in the past - this is nothing new, only the cause.