Analyst: Rising overall cost basis key to confirming bear market end

On-chain analyst Willy Woo explained that three phenomena typically signal the end of a bear market. First, the price must decisively break above the average cost basis of recent investors. Next, the prevailing wait-and-see sentiment, often driven by vague hopes, gives way to active buying as investors begin to chase rising prices. Finally, this process causes the overall average cost basis to increase, marking a trend reversal from bearish to bullish.