21Shares: Bitcoin has not entered a deep bear market; volatility and consolidation may continue until the end of the year.

21Shares: Bitcoin's drop below $100,000 has sparked bear market concerns, but this is a short-term correction rather than a deep bear market. The market is affected by deleveraging, large-scale selling, and tightening liquidity, but the fundamentals are solid and the long-term outlook is positive. The correction is expected to end within 1-3 months.