"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-"
The truth is bear market is still raging. Some many cryptocurrencies have witnessed huge drop decline in value. Even when you think the market is recovering, all of a sudden, another depreciation will just happen.
I believe once the near market is over, we will all get to know.