the crypto market is not as bad compared to the 2018 bear run, though the bear is not yet over. It is obvious that the crypto winter continues into 2023, and there is no end in sight, just in my opinion. As I observed the movements, it looked like the bear would go for a longer time than we may have expected.
I would be expecting some changes as the year end closes in, but that is classically known to be a bear run, so I am not sure whether it will end up being a prolonged bear market or a bullish trend, consider the fact that prices of major assets are inching upwards currently.
While every bear market is bad, comparing how bad or how good will not result in anything fruitful. Rather it is the amount of assets that you can gather during this "hunting season" what matters. Because when the bull market starts, prices will go beyond your reach for weeks and at that time everyone will sulk around saying that they dont have the asset at hand to sell and are panic buying shitcoins which might be within their reach will huge chunks from their salary, eventually leading to disastrous outcome in the next bear cycle.