Before invest in the crypto market, you should know that loss can be suffered in the crypto market and profit is also can be gain on your investment, bear market depends on crypto news and demands of altcoins, if any bad news then you will see the crypto market will go to bear, you should watch and read crypto news to judgment crypto market.
I share your point of view that crypto market is very volatile and it depends on news a lot. For example, when China announces new regulations against Bitcoin and crypto, we see a new fall. We had better read news and analyse Bitcoin's chart to see if there is a bear or bullish mood in the market according to indicators.