November 6th - Bear Market Arrives 1. Yesterday's plunge signaled the arrival of a bear market in US stocks, and the cryptocurrency market is not immune. 2. I've been bearish on crypto since 83,000, consistently shorting, but recently I bought AI and gold on the dip. Currently, the S&P 500 appears to have entered a bear market, and the short-term panic selling has bottomed out. Subsequent rebounds will likely be opportunities to exit; don't hold onto illusions. 3. Gold is the only safe haven in the entire market. I expect gold to return to $4,600 in the coming months.