Every bear market is the same, traps catch out the majority. Here are 5 myths that will cost you if you don’t fix them right now.

1. Extreme fear means we’re at the bottom
Fear is a signal, but not a reliable timestamp. Price action can stay oversold longer than your conviction holds. The chart honestly does not care how scared the crowd is or for how long they have this feeling.
2. A big bounce means the trend has flipped
Bear markets produce some of the most violent bounces you will ever see in price action (45% in 22/23). That is the point: the trend pulls traders back in before the next leg down. A bounce means nothing until structure confirms it.
3. My bags will recover, they always do
Honestly some will and a lot won’t. The ones that do recover often take 3 to 5 years to get back to where you bought. Waiting it out assumes you have the time, the capital and the psychology to actually hold through it and realistically most people don’t.
4. The macro doesn’t affect crypto anymore
It does and it always has. Every single time someone calls a decoupling, the next risk-off event proves otherwise. Macro liquidity conditions drive price action, full stop.
5. Being bearish means you’re not a believer
Protecting your capital inside a downtrend is not pessimism, it is just the right way to go about a bear market. You can believe in the long term thesis, and refuse to lose money defending it during short term volatility.
Bear markets end when sellers are exhausted. Go back and study history - it’s all there in the charts. Learn to protect your capital until structure tells you otherwise.