Characteristics of the crypto market during a bear market: 1. The market lacks liquidity. Due to poor conditions and fewer traders, it often experiences narrow fluctuations, small volatility, and extended sideways movement. 2. Mainstream coins trend downward, while altcoins keep hitting new lows. 3. KOLs stop analyzing the market and start clinging to outdated ideas, sharing emotional takes, and promoting blind faith. 4. Major communities become lifeless and completely silent.