Of course, a price drop in the cryptocurrency market of more than 50 percent, given that this has been going on for two months, can be called a bear period. At the same time, the price of bitcoin was falling to the projected $33,000, but gradually it rose to the current $37,480. Altcoins are also recovering. Therefore, I do not think that this bearish period will last long, as it did in 2018-2019. Most likely, in a few months, cryptocurrency prices will again be at their best.