Bear markets are the absolute best for finding opportunities.
Bear Market Can be divided in 3 stages :
Stage 1 : Market turns bearish, money starts exiting the market. Denial, fear and desperation. Everything bleeds rapidly as liquidity dries up.
Stage 1 is not a stage where we want to buy and be long! The only exception is extremely oversold days/days with liquidation cascades - these are the only days we want to buy oversold assets for the short term.
Stage 2 : This is a stage where market goes into boring mode. Volatility is low and market chops sideways for months.
Coins continue bleeding. This is a stage where we want to look to find and accumulate hidden gems for cheap prices.
Stage 3 : Bottoming stage.
High timeframe trend is about to reverse. Understand that you won’t be able to buy the bottom majority of the time - and thats perfectly fine. We want to be buying with confirmation of high timeframe trend reversal.