$BTC $ETH It's too early to talk about a bear market.
At the very least, Bitcoin is still in an upward structure, as evidenced by our Swing Highs and Swing Lows, which are consistently being updated and are above the previous ones.
Yes, altcoins may appear weak and as if they are still in a bear market, but it is important to understand that altcoins are an asset class that reacts much more strongly to changes in the macroeconomy and the global situation than major assets like Bitcoin.
Therefore, I sincerely believe that we will still see a new All-Time High for Bitcoin this year, in this cycle, and we will see alt growth.
But with altcoins, we will have to wait a little longer. The real alt season, the real “rockets” upward for most assets occur towards the end of the cycle when Bitcoin has already reached its peak, Ethereum also updates its high, and liquidity starts to flow into lower liquidity coins.