It's quite certain it's not the bear market now.
Dead cat bounces don't bounce so high. Coins like ETH are almost reaching the All Time High again.
Conclusion: What happens in 2017/2018 is not guaranteed to happen again in 2021!
There are many differences in 2021:
- Increased institutional adoption and buying
- Rise of DeFi (people can make money even in sideways market, which greatly encourages hodling and buying)
- Higher market cap (which makes things more stable)
- More use cases of crypto (again this encourages buying)
Anyway, congrats to those who held through the June 2021 dip/crash! ????????????
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