Many people use price to measure bull & bear markets, for example, if BTC falls below a certain level, then it's a bear market. This is incorrect❌.

I use trends to measure bear and bull markets. To give an extreme example, during the two weeks of May 19, BTC dropped by 50%. Does that mean a bear market had arrived? Everything that happened later showed that the bull market did not end; on the contrary, the bull market continued until the end of 2021.

The current situation is similar; even if this week’s candle and the next week’s candle fall by 10% or 20%, the bull market is not over. What needs to return will return.