Needs work
You need to animate better, I'm not seeing any kind of fluid movement here. Try taking longer to have each character take a step, only move them a little at a time and use a higher frame rate. Get rid of the text too, IMHO, Madness Combat isn't about talk. There can be some symbols or something in a speech bubble so the viewer gets whats going on, but not so much text.
The sprites were well done though, and looked very nice. I could tell who was who and they looked like the guys from the game. Pretty good, just needs some better animation.