Do we currently calls the market situation the bear or what?
True, the current condition we call it a bear market because the market shows the dominance of prices that tend to go down,
take advantage of the bear market to get cheap prices.
I will really appreciate then i can know the reason for such action and decrease in most of the currencies especially BTC and BNB.
Bitcoin tends to go down the first is because we are in a bear market, the other reason is bitcoin is at overbought point,
some whales prefer to sell their bitcoins to take advantage of vacations during the end of the year to early 2022.
BNB is going down for no definite reason yet, I think they should add some IDO projects in the future to raise BNB price again.
Apart from that, they also have to increase the security for their Binance Smart Chain network because there have been a lot of token attacks on that network.