Bitcoin (BTC -1.64%), Ethereum (ETH -0.82%), XRP (XRP -1.51%), and Solana (SOL -2.26%) are all priced well below their late-2025 peaks, and, after months of declining prices, it’s clear that right now we’re in a crypto bear market. This isn’t the first bear market, though, and that’s why smart money — the analysts at Fidelity Investments, to be specific — made a list of five things that historically have coincided with the end of bear phases.
Most of those factors have already started moving in holders’ favor, so let’s dive in and take a look at each.
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What smart money is watching
Bitcoin’s four-year cycle is probably the single most important factor that determines when crypto bear markets end. The event…






