5 events that could put an end to the current crypto bear market

cointelegraph.com:

Much to the chagrin of cryptocurrency investors across the ecosystem, the bear market has officially set in and brought with it devastating price collapses that have left relatively few unscathed. 

As the popular topic of conversation now centers on bearish predictions of how low Bitcoin (BTC) will go and how long this iteration of the crypto winter will last, those with more experience on the matter know that it’s virtually impossible to predict the bottom and it would be wise to apply those energies elsewhere.

Instead of focusing on the when of the end, perhaps it’s more constructive to explore what events might help pull the market out of the bear market depths and put it on a path to its next up cycle.

Here’s a look at five potential catalysts that could pull the crypto market out of its current malaise.

One of the most highly anticipated developments of the past five years has been the ongoing transition of the Ethereum network from proof-of-work to proof-of-stake.

While the process has been a drawn-out one that has faced numerous setbacks, the official switch is now closer than ever following the successful completion of the Merge trial on the public test network Sepolia.

Another big day for Ethereum as Sepolia testnet merges succesfully with the beacon chain!Sepolia = Merged✅Goerli = nextAnd then... Mainnet!The Merge is coming

It’s possible that the building hype around the Ethereum Merge could help pull the crypto market out of its bearish state should the transition go off without a hitch, especially if it helps lead to more scalability and a faster user experience. As it stands right now, the Merge is set to take place in August 2022.

It should be noted that a successful Merge could also lead to a “buy the rumor,