Judging by the latest news and the technical picture in general, the bear market will continue for at least another year or two. Right now we are in the middle of a flat bear market and with a high degree of probability we will reach the level of 700-800B by the end of this year. Ethereum should retest the level of $900-1000, but Bitcoin may not go much below $20,000, because it looks much stronger than all other altcoins.
Note
News regarding the liquidation of FTX assets will soon have a very strong impact on the crypto market. This will have a particularly strong effect on Solana.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.