A legacy trad-fi term describing a period when the market goes down…. or even worse goes sideways in a crab market while pretending to go up but over time generally goes down. Bear markets or “bera” markets can last for weeks, months or even years. Similar to crypto winter, which describes a period when general markets are healthy but crypto markets are down only. On the plus side, Crypto Twitter gets a lot more fun.
Degen 1: “Bitcoin drops below 35k we are definitely in bear market territory.”
Degen 2: “Yes, and @Cobie has 3x his number of shitposts. Definitely in a bera.”
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