Joao Wedson: Ethereum bear market now second longest in history

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Hanna Syniavska

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Joao Wedson: Ethereum bear market now second longest in history — Ethereum bear market second longest ever

Joao Wedson highlights that Ethereum’s current bear market is now the second longest in its history. According to Wedson, the 2018 bear market lasted 335 days, while the bear market starting in 2022 lasted 222 days. The ongoing bear market has already persisted for about 282 days as of June 6.

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Wedson has previously examined patterns linking traditional finance and crypto bear cycles. In an earlier article, he highlighted how positive year-over-year high-yield bond yield changes have historically coincided with Bitcoin market bottoms. He has also cautioned that many on-chain analysts have shifted toward narrative-driven approaches influenced by manipulated crypto narratives in recent years.

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