Which bear market hasn't been brutal? They've all been brutal. Although the fluctuations are decreasing now, the time effect of the bear market is increasing. In the past, sharp declines would kill you, forcing you to sell your shares. Now, the declines aren't as deadly, but the prolonged sideways movement wears down all your patience and confidence. When you see the U.S. stock market, Hong Kong stocks, and A-shares all rising, while Bitcoin remains stagnant, it becomes frustrating. Naturally, you'll feel compelled to cut your losses and invest in those markets. This bear market may not fall as severely, but it will wash out investors over time and lead to despair.