The later a bear market progresses, the harder it is to rebound, because market sentiment has become extremely pessimistic and incoming capital cannot keep up. Similarly, the later a bull market progresses, the harder it is to pull back, because market sentiment is already FOMO, with capital flowing in and no one selling. Currently, the market is in the late stages of a bear market. Those talking about bouncing up to 100k are talking nonsense; a bounce to 75,000 would already be pretty good. The bottom of this cycle should at least reach 50k.