We are slowing going into bear market and many still don't realize this because of those 10% gains which makes the market looks bullish again but looking at the big picture it's clear that bear are slowly taking over, am I wrong?
Well the overall trend of the last 6 weeks or so was pretty bearish overall. So a 5% increase in price during a day does of course not mean that we are officially in a bull market now again. The thing is though that most bull or bear markets don't really come with a big introduction, they just suddenly happen. Therefore, at least in my opinion, you can not say now that we are going into a long bear market just because the last 6 weeks were bearish but you also can't say, that the bear is over and we are going into a bull market again. As longs as you are a normal user without inside information you can just guess and follow your feeling.