The end of a bear market won’t just quietly fade away, it’ll definitely come with a massive red candle, followed by huge liquidation of longs, long positions completely wiped out, retail investors either cutting losses or turning bearish. Otherwise, the next bull market won’t kick off. If leverage isn’t fully cleared, the big players can’t push the market, and they’re not going to work for retail investors either. If you don’t understand this, take a look at what happened on November 9, 2022. The events won’t be exactly the same, but the essence will be no different— long positions completely wiped out, the market utterly lacking confidence, even collapsing.