5 Events That Could End The Current Crypto Bear Market

Crypto bear markets are tough, but there are five lunar events that could turn the tide.

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To the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially taken hold and brought with it devastating price crashes that have left relatively few unscathed.

While the popular topic of conversation now focuses on bearish predictions for Bitcoin (BTC) decline and how long this iteration of the crypto winter will last, those with more experience in the matter know that It is virtually impossible to predict the low and it would be wise to apply these energies elsewhere.

Instead of focusing on the timing of the end, it is perhaps more constructive to explore what events could help pull the market out of the depths of the bear market and put it on the path to its next bull cycle .

Here is a look at five potential catalysts that could pull the crypto market out of its current malaise.

A successful Ethereum merger

One of the most anticipated developments of the past five years has been the ongoing transition of the Ethereum network from proof-of-work to proof-of-stake.

Although the process was long and faced many setbacks, official change is now closer than ever after the successful Merge trial on the Sepolia public testnet.

Another big day for Ethereum as Sepolia testnet successfully merges with beacon chain!

Sepolia = merged✅

Goerli = next

And then... Mainnet!

The merger is coming

— Metis (@MetisDAO) July 6, 2022

It is possible that the hype surrounding the Ethereum merger could help pull the crypto market out of its bearish state if the transition goes smoothly, especially if it contributes to greater scalability and user experience faster. As it stands, the merger is expected to take place in August 2022.

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