Timeline is a mess. A week ago. Doomsday. Bearmarket. Yesterday. Altseason. Never again below 115k. Bro, chill. Bitcoin is going higher. Ethereum is going higher. True Altseason in October. This is so easy.

Panel: Building in a Bear Market Bear markets test conviction — and reveal real builders 🐻➡️🚀 A sharp discussion on strategy, capital, and long-term value in Web3. 🎙️ Moderator： Renee Francis Founder & Director Take3 💎Speakers： Vineet Budki CEO Sigma Capital James Wo Founder and CEO of DFG DFG Tobias Bauer GP and co-founder TBV Yoshikazu Abe Chief Strategy Officer (CSO) Hyperithm (VC) 🌐 #TEAMZSummit2026# #Web3Investment# #Crypto# #BearMarket#

Bear markets can bottom when it feels like the entire industry is falling apart. Look at what crypto has been through in 2026 alone: - Drift getting drained for ~$285M - KelpDAO’s ~$292M exploit triggering a liquidity crisis at Aave - $100M+ stolen from Coldcard hardware wallets. - Bitget suffering a ~$387.5M hack. - And now Binance: an estimated $6.3B security incident, with around $3B frozen so far (I'm pretty sure i'm missing some more events) Will this Binance hack be the final capitulation event of this bear market?

Bear market? Not for @binance Binance has listed 227 new futures pairs in 2026, just shy of 2025’s record 235, with two months left. Interest may be cooling, but Binance keeps expanding: ~70% of this year’s listings are stocks, ETFs, commodities & FX, not crypto.

Last bear market, $BTC dropped 78%. This bear market dropped 54%. Significantly less aggressive. Last cycle, once the bull market began, the largest retracements before Bitcoin reached its ATH were 20-22%. BTC never pulled back more than 22% on its entire run to ATH. If we apply the same proportional logic to this cycle, a less severe bear market should also lead to less severe bull market pullbacks. That puts the larger retracements this cycle in roughly the 10-15% region. Mathematically, that means buying retracements with 4x leverage should be relatively safe throughout the move toward 126K, provided you are not blindly longing the top of every candle (even if you did, you still wouldn't get liquidated on 4x). If you are entering on actual pullbacks rather than chasing, you can be more aggressive with leverage where the setup allows it. My point is simple... this cycle’s retracements are likely to be shallower than past cycles. Be prepared for that.