Recently, the market is filled with wails of despair, and cries of "the bear is here" are echoing everywhere. But do you really understand a bear market? Or are you just following the crowd? In fact, regardless of whether it's a bull or bear market, savvy retail investors can always find opportunities—the key is figuring out which cycle is your home turf.

**Prices Plunge—There’s Always Worse to Come**
Bitcoin getting cut in half from its peak? That’s just the appetizer. In a real bear market, a 50% drop in BTC is considered mild; major coins like ETH, BNB, and SOL can easily evaporate by 60%-90%. As for small-cap altcoins? Drops of 90%-99% are common, and many go straight to zero.

**Trading Volume Dries Up—Panic Selling Continues**
The market is dead quiet, and whenever there’s a sudden spike in volume, it’s all panic selling as people rush for the exits. At times like these, liquidity seems to vanish overnight.

**Sentiment Collapses—Doomsday Theories Everywhere**
The Fear & Greed Index stays below 20 for extended periods, and social platforms are flooded with “going to zero” talk.