Lots of people saying the bull market is over and we're in for a crypto winter. I think this is plainly obviously not true for numerous reasons.
How long until these people realize we're still in a bull market and market sentiment shifts from "oh no bear market" to "oh that was just a major correction"?
In practice, I don't see much difference between a deep and long correction and a bear market. The fall in the price of bitcoin from $ 60,000 to $ 30,000 is very impressive, especially since two weeks have passed since such a drop, and the price of bitcoin is now still at the level of $ 35,000. If the price of bitcoin does not recover in the next few weeks, then most likely this will not happen until the fall. I think that in this case, the next wave of cryptocurrency price growth can already be expected in the fall, from about October. How this period can be called - a deep correction or a bear market, does not matter much anymore.