Bear markets bottom on despair — not on a perfect technical setup or a sudden catalyst, but on the moment when most participants have simply given up 🌊. Capitulation flushes out weak hands and resets the structure for whatever comes next. The uncomfortable truth is that calling a bottom in real time is nearly impossible, so position sizing matters far more than perfect timing. When sentiment is at its worst, the sellers are often already exhausted. If you're still standing when the crowd has walked away, you might just be early to the next chapter 🎯.