Prominent Trader: Current Drawdown Period May Not Be Sufficient to Confirm Bear Market Bottom

BlockBeats News, May 27th. Renowned trader Killa (@KillaXBT) stated in a post that from a 180-day realized price perspective, investors may not have experienced enough time in a loss position during this round of correction. Historical data indicates that bear markets usually involve a prolonged period of sustained losses, with many investors being in a long-term unrealized loss. If history repeats itself, the current correction period may require more time to play out, and the market may still need to undergo a lengthier bottoming process.