Is it a bear market? Looking at the ETH monthly chart, a potential shakeout cannot be ruled out. ┈┈➤BTC Monthly Chart: Signs of a Bear Market First, the MACD is about to form a death cross, although it's not yet confirmed. However, BTC's candlestick pattern does resemble that of 2021. Therefore, BTC does show signs of a bear market. ┈┈➤ETH Monthly Chart: The Possibility of a Shakeout Cannot Be Ruled Out First, the ETH monthly MACD's 4-year cycle seems to have become ineffective. The MACD is... However, ETH's monthly chart is different. After the golden cross in May 2023, there was one death cross followed by another golden cross. Second, compared to ETH's decline from December 2021 to January 2022, the drop was much larger, indicating a true bear market. However, the decline from September to January 2025 may be smaller, and there were upward tests and rebounds in September and October, with shorter candlestick bodies. Let's look at the trading volume. Recent trading volume is significantly higher than during December 2021 to January 2022. Higher trading volume, but a relatively smaller price drop, also raises the possibility of a shakeout or accumulation phase. ┈┈➤ In conclusion Because BTC and ETH have shown some divergence in performance, I can't say for sure it's a shakeout, but I can't rule out the possibility. Altcoins are a different story. Manage your positions carefully! According to Fibonacci, BTC's recent rise from 74458 in April to 126230 has now broken below the second 38.2% retracement level (106,453). The next support level might be around the 50% retracement, which is 100344. ETH's rise from 1385 to 4954 also broke below the 38.2% support level (3,591). The next support level might be around 3169. Purely applying theory might not be accurate. In short, everyone should be rational and avoid being overly emotional. In addition, Brother Bee only has one chat group for everyone to discuss and support each other. https://t.me/+vRgdF7KkSRsyZDFl Brother Bee himself is already losing a fortune, so he wouldn't have the audacity or the guts to create a paid group! Don't believe anyone impersonating Brother Bee to create a paid group!