It's too early for the bear market to be over, I am saying this because many think we have hit the bottom when ethereum made it to 900$, its not over and you shouldn't be buying coins with all you have, this is a fake out recovery.
I don't think we will be falling much more down as we have reached the bottom or close. Bitcoin should be picking up some momentum very soon and that'll drive up other market and we might start the recovery phrase this year. Altcoins has fallen the worst they can. Anything worse now is project that will die forever and won't recover with the market. Coins like meme coins and those claiming to be gaming project but have no users should be avoided as they can be exit scams.
I think we'll have huge number of coins recovering from this bear market as some strong hands have entered the market and not just the gullible investors we had in previous bear market that resulted to many lost.
Well I doubt that we will start our recovery this year since this year we got a lot of bad things about crypto and I guess we can really recover next year but it is still uncertain since many analysts said that we still didn't reach the bottom yet but let's hope that this time it's different where many people will keep holding their funds and didn't fear about FUD.
There' no accurate time frame for this investment and it' not just crypto that having difficulty right now, the financial institutions are
having difficulty and it's affecting the entire economy.
It's possible to anticipate more fall if there's no interest from the financial institutions, as we all know that if there's fear that circulate
the market, investors and traders are not willing to gamble or risk their investment.
Maybe for the next couple of years we might again see the bounce and the bull will change the direction of this market.