"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
It looks like the bear market is not over for now. The bear market continues, and Bitcoin will experience small dumps from time to time. However, market conditions are more stable than before. We will be difficult to predict the current market conditions. Will it be bearish or bullish which will happen in early 2023. By and large Q1 in any year will experience a bit of dumping.