Yes, there are a lot of traders right now who are losing but there are also a good number of traders who are already in profits...
Yes, indeed, most traders suffer losses, despite the fact that we are currently in a bull market and, as you know, it is much easier to trade in a bull market than in a bear market. So I can assume that when the bear market starts, the number of new traders will decrease significantly.
Now the number of traders in the market will increase greatly, we have seen during past bull markets that a large number of new traders entered the market. While it is true that trading in a bull market is easy, many traders lose money in bull markets because they take too many trades in the hope of making a quick profit. And bear markets certainly create tough times for traders, which gradually reduces the number of traders who entered the market during the bull market, because they realize how difficult the situation is for them.