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.
How about now, do you think we have reached the bottom or still in a fake out zone. $900 pee Ethereum can't be the lowest Ethereum will go. We can see it go as low as $500 . I see prediction of Bitcoin going below $10k and if that happens, $900 can't be the low of Ethereum. It has to go lower as there will be panic in the market and people will start selling thinking crypto is dead. The only reason Ethereum is above $1k is because of the hype that the Ethereum merge event had.
Now that that is over, we can see a sudden decrease in the price of Ethereum because people are selling. The bear market negative sentiment is also contributing.