Just don't panic sell, it's no use.
We might enter the bear market and this is the start of it but it could also be a big correction that just happened. If things recover and we see it very soon then it's not yet the bear market.
But the important part is you don't panic.
With the current situation of the market today who would not think that we are in bear market right. I mean this one is not just simply a price correction but whatever the market situation is we don't need to panic sell. If you are already been in cryptocurrency for long time already you already know what to do. But if you're a newbie take this advise and keep yourself more educated about the market. Truly the crypto market is so volatile and unpredicted.
It could be a simple price correction.
Last year, it's even lower than the current price that we have and many didn't think it's a bear market already. What if that's also a bear market but the recovery had happened so quickly.
But well, since the basis is the too much drop in the market, then many will say it's already bear.