When I started 9 weeks ago Ethererum was at £3,500 and my mate who introduced me to this crypto world told me to wait until it dropped to £3,200 to start investing. I waited longer then that and started at £3,000 but since then it has just kept falling and I have kept buying. Do we know how low Ethererum can go? Is falling below £2,000 realistic?
There is a known joke in the crypto sphere that claims: "I bought the dip, but the price kept falling, so what I bought wasn't the dip anymore".
Nobody can tell how long a bear or bull market will last. There is the belief that the more you know about trading, TA and crypto cycles, you can foresee the future and the decisions you take will be better. Even if there may be some truth in the previous sentence, let's don't forget that nobody has a crystal ball and that even the most veteran member here can make terrible mistakes while trading.
BTW, are you sure that we are in a bear market now? because the trend depends mainly on how much you zoom out the chart.