Seeing a KOL's opinion on Weibo made me laugh. He said that in the fourth quarter of this year, Bitcoin's decline is only about 20%, so a bear market hasn't come yet. A real bear market is when Bitcoin's decline in a single quarter is over 40%.

If we follow this logic, do we have to wait for Bitcoin to drop 40% to confirm that a bear market has arrived? Then drop 60% to officially confirm the bear market has come, and then sell at the bottom...

Currently, it's not just on Weibo; many people in the square share this logic. Forget it, good advice is hard to give to the damned ghosts. You can do whatever you want.