Hey, if you’re new to crypto, a “bear market” just means prices are dropping a lot—usually 20% or more from the recent high. Sentiment also plays a huge part in confirming bears. It’s scary, but it’s normal in this wild world. Think of it like a rollercoaster dip before climbing again. 

Today, November 5, the overall crypto market looks bearish. Bitcoin (BTC), the biggest one, has officially entered a bear market after falling below $100,000 yesterday for the first time since summer. It’s now around $101,000, down about 20% from its October peak near $126,000. 

The whole market has lost over $1 trillion since early October, thanks to big sell-offs, high interest rates, and folks cashing out after a hot AI stock boom. But don’t panic—experts say this could be a healthy “shakeout” before more gains. Year-to-date, BTC is still up 8% from last December’s $94,000 close, thanks to ETF money (over $30 billion poured in) and big companies buying. Predictions? Some see $122,000 by next week if it bounces. Others warn of $95,000 if selling continues.

Easy Steps to Spot a Bear Market

It’s simple math—no crystal ball needed. Use free sites like CoinGecko or Yahoo Finance to check prices. Focus on BTC as the leader.

1. Find the Recent High: The top price before the fall starts. For 2025, that was $126,080 on Oct 6, from the ETF buzz.

2. Track the Drop: Calculate % change from that high. Bear = -20% or more, held steady. 

Here’s the basic formula: (Current – High) / High x 100. 

Example: From $126k to $99,966 low yesterday = -20.7%. Now at $101k = -19.8% (close call, but confirmed bear).

3. Spot the Bottom & Length: Ends when back within 20% of high (needs 25% rise from low). Time from high to low: ~30 days so far. Early 2025 low recovered in 3 months.

4. Check Extra Clues: Charts on TradingView. Watch fear index (now “fear” at 35), ETF flows (out $578M yesterday), and news like Fed rates. 60% bear signals, but bulls bet on rebounds.

Bottom line for BTC: It’s a bear, but shallow. Hold $101k support, or $95k next. Good for buying dips if you’re patient.

Ethereum (ETH): Deeper in the Red

ETH, the “smart money” coin for DeFi, is hurting more—down 28% from October’s $4,946 high, now ~$3,300. 

That’s a clear bear (over 20%). YTD (Year to Date), it’s flat to down 5% from $3,800 start, after Q1 crash to $1,965 and summer 100% jump on upgrades. 

November’s $219M ETF outflows and whale sells bit hard. 

Upside? Staking yields 2.7%, predictions to $4,650 end-month if BTC steadies. Support $3,000; break to $2,500.

Solana (SOL): Fast & Furious Fall

SOL, the speedy network for memes and DeFi, joined the bear today—down 29% from October’s $221 high, now ~$155. Over 20% drop, locked in. YTD is up 19% from $130, but November wiped Q4 wins after Q1 low ~$100 and 120% summer rally. 

Watch $150 support; below to $120. However the bulls have their eyes set on $260 by year-end on growth.

Crypto’s volatile—bear markets build stronger bulls. Start small, use apps like Coinbase, and learn as you go. 

Remember to track daily; because this dip might be your entry. 

Here’s hoping you learnt something, and don’t forget touch some grass. SolCypher.