Based on my experience, a bear market must involve stablecoins losing their peg; it's just a matter of which stablecoin. If one day a stablecoin at the level of USDT or USDC loses its peg, it will basically mark the bottom of the bear market.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.