I was looking at the monthly chart this morning and thought of your post. There are sort of three black crows, although it's difficult to describe them as long-bodied candlesticks.

More importantly, what about the three white soldiers that came directly before?



I think we need more evidence to declare a bear market. In fact, it still looks like a bull flag at logarithmic scale.

Worst case, I think the market will capitulate to the 0.705-0.786 area before bouncing back to the $9,000s in similar fashion to the 2018 crash. Then the market will decide between bull or bear for the long term.