💥 BTC DROPPED MORE THAN 50%.
ETH IS CLOSE TO 65%.
AND THE CRYPTO MARKET LOST ALMOST HALF OF ITS VALUE.

Then an uncomfortable question comes up.
Is this still a correction... or are we already facing a bear market?

I’m not asking just to put a label on it.
I’m asking because the answer can completely change how you operate.

The numbers are clear.
📉 Bitcoin fell more than 50% from its October 2025 all-time high.
📉 Ethereum retreated by about 65% from its cycle high.
📉 And total market capitalization went from over $4 trillion to a zone close to $2.2 trillion.

Historically, moves of this magnitude were considered bear markets.

But this cycle has important differences.

Spot ETFs.
Higher institutional participation.
More infrastructure.
A much more mature market.

And that’s where the debate begins.
Is it enough to look at the percentage drop to say we’re in a bear market?

Or has the context changed enough to interpret these moves differently?

Because, for me, this discussion isn’t just semantics.
It has consequences.

If you assume this is only a correction...
You’ll probably keep a more aggressive strategy.

If you assume it’s a bear market...
You may prioritize protecting capital, reducing exposure, or waiting for better confirmations.

The label doesn’t move the price.
But it can change the way you manage risk.

And that’s, for me, the real value of asking this question.

💬 What do you think?
Bear market... or a deep correction within a larger bull cycle?