Daily Memecoin Recap - November 25

Decent volume, market's waiting for a clear meta

Peanut's Owner Launch
#justice -> hit $165m
$fmark -> hit $510k , f*ck the owner
- Owner of Peanut launches his own coin, claiming that $pnut and $fred used his story for money

Pump Fun Closes Livestream
$victim -> hit $3 .7m, victims of pump fun
#homeless -> hit $1 .3m, live on street until we hit $50m
- After users are majorly concerned with some of the streams coming out, pump fun closes the feature

TikTok Meta
$dk -> hit $17 .5m, Just A Chill Donkey Fr
$baldi -> hit $3m , Baldi Baldimore
$mew -> hit $1 .9m, mewing snowman
$los -> hit $1 .7m

Bob Takes Over Twitter
$bob -> hit $32 .1m, This is Bob. Copy and paste him

Good Art
$fric -> hit $26 .6m, frog

Artificial Intelligence
$ubc -> hit $10 .4m, Universal Basic Compute
$loria -> hit $4 .9m, new
truth_terminal

More Cooks
$ass -> hit $24m
$sava -> hit $8 .3m,
MartinShkreli replies
$1 -> hit $6 .7m, just buy $1 worth of this coin
$sercy -> hit $5 .6m
$rna -> hit $5 .5m
$na -> hit $5 .1m
$loria -> hit $4 .9m
#tontoba -> hit $4 .5m
$blt -> hit $3 .7m, bltcoin
$bread -> hit $3 .1m
$braz -> hit $3m
$perrot -> hit $2 .7m
$cancer -> hit $2 .5m, f*ck cancer
$alot -> hit $1 .8m, this will be worth alot
$sunny -> hit $1m
$bee -> hit $560k
#santahat -> hit $450k , runescape meme

There's opportunities every day

Did you cook?

Daily Memecoin Recap - November 24

Good volume, drama with pump fun livestreams

Science Meta
$dna -> hit $16 .8m
#roident -> hit $4 .8m, pumpdotscience mascot
$psmice -> hit $4 .3m, pumpdotscience mascot
$rna -> hit $3 .3m

Frog Memes
$terry -> hit $30m , unique
$fog -> hit $4 .8m, frog meme, simple yet good art

Artist Launch
$wain -> hit $9 .4m, amazing art
- ratwell0x is the artist

Elon Tweets
$would -> hit $26m , elonmusk
posted the meme
#ironyman -> hit $7m
$msnbc -> hit $3 .5m
$spqr -> hit $2 .9m
$mt -> hit $1 .4m, monk temptation
$x -> hit $600k
- Elon is the biggest KOL frfr
- Bro doesn't even know that there's coins worth 8 figs that spawn because of his tweets

TikTok/GenZ Memes
#mustard -> hit $81m , Kendrick lamar yelling MUSTAAAARD, viral on tikttok
#daddychill -> hit $15m , famous video, picking up partly because of #chillguy
#rizzmas -> hit $8 .7m
$bro /eco -> hit $7 .3m
$nose -> hit $5 .6m, let me do it for you
#ketchup -> hit $2 .1m
$gnome -> hit $1 .7m

Artificial Intelligence
#overseer -> hit $15 .1m
$mind -> hit $9m

Solana Pet
$blob -> hit $22 .7m

First Human Being Created By God
$adam -> hit $1 .9m

More Cooks
$purpe -> hit $77m , purple $pepe , back from the dead
$hege -> hit $31m
#justice -> hit $24 .8m, justice for $pnut and $fred
$mtm -> hit $11m
#sootcase -> hit $9 .9m, Barron Trump meme
$pim -> hit $7 .9m
$mike -> hit $6m
$oiia -> hit $3 .3m, cat meme
#tontoba -> hit $3m
$bread -> hit $2m , literally just bread
$boggs -> hit $2m
$1 -> hit $1 .6m, just buy $1 worth of this coin
$jensen -> hit $1 .5m, #Nvidia CEO
$bling -> hit $960k
$moar -> hit $900k
$kaiju -> hit $800k
$meme /eco -> hit $600k , meme economy

Do you think pump fun should turn off livestreams?

Daily Memecoin Recap - November 12

Great volume, multiple metas are running

Next Harambe
$eyare -> hit $3m
- Gorilla unexpectedly passed away during a move within the gorilla enclosure
- She was just 2 years old

Goat Is The First Pump Fun To $1B
$goat -> $438m to $1b (2.3x)
- First coin to 1 billion market cap launched on pumpdotfun
(many more to come)

Elon Musk D.O.G.E.
$doge -> $142m to $423m (3x), good team on $eth
$doge -> $1 .3m to $51m (39.2x)
$vivook -> $40k to $431k (10.8x), pumped after Vivek announced working with Elon on D.O.G.E
#mechazilla -> hit $692k , SpaceX mascot
- Elon Musk will be working with Vivek Ramaswamy on the "Department Of Government Efficiency"

McDonald's New Mascot
$•ᴗ• -> hit $1m
- Based on a McDonalds tweet

Peanut's World
$pnut -> $397m to $892m (2.2x), continues to pump after binance
listing and as elonmusk
tweets about it
$fred -> $19m to $45m (2.4x)
$peanut -> $4 .1m to $10m (2.4x), $pnut derivative
$actp -> hit $6m , $act + $pnut

Animal Meta
$bongo -> $28m to $72m (2.6x)
$sad -> $296k to $2 .3m (7.8x)
$maya -> $8 .4k to $1 .7m (202.4x), CTO sent this high
$jorgie -> hit $4 .2m, a monkey taken by police
$loaf -> hit $715k , spinoff of a dog shaped like a loaf

AI Meta
$bully -> $1 .8m to $12 .8m (7.1x)
$mist -> hit $25m
$banana -> hit $18 .5m, leveraging the “Banana for Scale” meme tied to SpaceX
$djpump -> hit $11m
#synthia -> hit $2 .9m
$sam -> hit $2 .9m
$actiii -> hit $718k , another Act derivative
$circe -> hit $525k
$acta -> hit $342k , spinoff of the AI Act

More Cooks
$rizo -> $790k to $7 .2m (9.1x)
$lapupu -> $79k to $4 .5m (56.9x)
$dtf -> hit $11m
$badcat -> hit $5 .8m
$momo -> hit $5 .5m
#understand -> hit $5 .2m
$aika -> hit $3 .5m
#paperdog -> hit $2 .3m
$blue -> hit $2 .1m
#oracl3 -> hit $1 .8m
$2249 -> hit $1 .2m
$x -> hit $824k
$if -> hit $500k

AI, animals, what's next? 👀

Daily Memecoin Recap - November 10

Binance spot listings??? 2025 is going to be a crazy year

Binance Spot Listings
$pnut -> $75m to $443m (5.9x)
$act -> $17m to $306m (18x)
- This is a HUGE deal, binance never lists shitcoins on spot

Act & Pnut Betas
$fred -> $3 .5m to $15 .6m (4.5x)
$act -> hit $1 .7m, act II (sequel to $act )
Slerf Artist
$cope -> hit $10 .5m, cult of pepe
- Launched by the $SLERF artist

Pepe's OG Name
$sapo -> hit $8 .3m, sapo the frog
- Alex Jones got sued by Matt Furie for selling pepe posters
- Jones showed evidence that sapo was the original pepe the frog

Goat Deployer Wallet
$gato -> hit $2 .4m, el gato

Artificial Intelligence
$groink -> hit $3 .1m
$quo -> hit $3m
$ditto -> hit $1 .6m, self-building coding agent

High Volume
$cents -> hit $63m
$pippin -> hit $41 .1m
#truthiness -> hit $17m , Cult of truthiness, CTO based on a truth_terminal tweet
#gophers -> hit $3 .7m, green mouse
$nvidia -> hit $3 .2m, nvidia on sol, the highest market cap stock

More Cooks
#skg888 -> hit $11m
$jorkin -> hit $7 .5m
$iris -> hit $7 .5m
$x -> hit $4 .18m, X is the legacy media killer
$black -> hit $4m , black hole
#memecoin -> hit $1 .2m, memecoin supercycle
#ahhcoin -> hit $1 .1m
$bfwog -> hit $840k , baby $fwog
$game -> hit $826k , Game is game
$mo -> hit $735k
$fug -> hit $640k
$rave -> hit $565k
$code -> hit $455k , cult of doge
$neiko -> hit $313k

Which coin will binance list next? 👀

Daily Memecoin Recap - November 10

Binance spot listings??? 2025 is going to be a crazy year

Binance Spot Listings
$pnut -> $75m to $443m (5.9x)
$act -> $17m to $306m (18x)
- This is a HUGE deal, binance never lists shitcoins on spot

Act & Pnut Betas
$fred -> $3 .5m to $15 .6m (4.5x)
$act -> hit $1 .7m, act II (sequel to $act )
Slerf Artist
$cope -> hit $10 .5m, cult of pepe
- Launched by the $SLERF artist

Pepe's OG Name
$sapo -> hit $8 .3m, sapo the frog
- Alex Jones got sued by Matt Furie for selling pepe posters
- Jones showed evidence that sapo was the original pepe the frog

Goat Deployer Wallet
$gato -> hit $2 .4m, el gato

Artificial Intelligence
$groink -> hit $3 .1m
$quo -> hit $3m
$ditto -> hit $1 .6m, self-building coding agent

High Volume
$cents -> hit $63m
$pippin -> hit $41 .1m
#truthiness -> hit $17m , Cult of truthiness, CTO based on a truth_terminal tweet
#gophers -> hit $3 .7m, green mouse
$nvidia -> hit $3 .2m, nvidia on sol, the highest market cap stock

More Cooks
#skg888 -> hit $11m
$jorkin -> hit $7 .5m
$iris -> hit $7 .5m
$x -> hit $4 .18m, X is the legacy media killer
$black -> hit $4m , black hole
#memecoin -> hit $1 .2m, memecoin supercycle
#ahhcoin -> hit $1 .1m
$bfwog -> hit $840k , baby $fwog
$game -> hit $826k , Game is game
$mo -> hit $735k
$fug -> hit $640k
$rave -> hit $565k
$code -> hit $455k , cult of doge
$neiko -> hit $313k

Which coin will binance list next? 👀

Daily Memecoin Reap - November 6

$SOL hit $192 . Let the supercycle begin

Bome Cabal Launch
$smr -> hit $31m , pushed by $BOME artist Darkfarms1

Senator Posts Lazer Eyes
$₿right -> hit $1 .3m, SenLummis posted a picture of herself with the famous lazor eyes, showing support to $BTC

Trump Wins The Election
$dmaga -> $6 .7m to $21m (3.1x)
$doge -> $1 .1m to $9m (8.2x), Department of Gov Efficiency
$ross -> $225k to $5m (22x), Ross Ulbricht, mentioned by realdonaldtrump
$dream -> hit $5 .3m, DREAM BIG AGAIN
#magacycle -> hit $5 .1m
$bull -> hit $4 .6m, Trump's Golden Bull
$trumpW -> hit $3 .6m, Trump Won
$sink -> hit $3m , Let that sink in
$trumpw -> hit $1 .7m
$sink -> hit $923k , another one
$gg -> hit $500k , Goodbye Gary

Long Live Peanut
$pnut -> $27m to $179 .3m (6.6x)
$peanut -> $330k to $18 .7m (5.2x)
$fred -> $1 .7m to $13m (7.7x), raccoon euthanized with Peanut
$chloe -> hit $560k , peanut's sister

Hawk Tuah Video
#HawkTuah -> hit $3 .5m, HalieyWelchX posts a video of her phantom wallet
- 50% of supply was sent to her wallet
- She teased at launching her own coin (coming soon)

Bullish Art
$fwog -> hit $534m
$tuki -> hit $5 .5m, unique bunny art
$frog -> hit $3 .6m
$tobi -> hit $2m , frog meme
$ONXE -> hit $820k

More Cooks
$sigma -> $72m to $141m (1.96x)
$luce -> $15 .5m to $64m (4.1x)
$retire -> $3 .9m to $9 .8m (2.5x)
$lockin -> hit $115m
$earl -> $23 .8m
$sony -> hit $5m
$based -> hit $3 .9m
$innit -> hit $2m , british slang
$nos -> hit $1 .8m, Novus Ordo Seclorum
$sharky -> hit $1 .7m, moonshot launch, $57k in LP Rewards
$hester -> hit $1 .7m, Crypto Mom
$buck -> hit $1 .7m
$nob -> hit $1 .6m, Novus Ordo Sectorum
$milo -> hit $1 .3m
$bubble -> hit $925k
$slurp -> hit $807k
$pierre -> hit $774k
$gomu -> hit $770k
$snowflake -> hit $754k , rip penguin
$gecko -> hit $680k , gecko AI
$maxi -> hit $450k

We are still early

Trump win secured, next step $sol ATH

Daily Memecoin Recap - November 4

Elections are tomorrow👀

Official decision should be out by November 6th

New Born Hippo
$haggis -> hit $8 .6m
- Pygmy like #moodeng

Peanut Pulls Back
$pnut -> $134m to $27m (-80%)
- Major pullback despite the hype surrounding mentions by elonmusk & realdonaldtrump

Peanut's Owner Drops a CA
$peanut -> hit $6 .1m, the official Peanut & Fred coin

Elections
$trump -> $130k to $2 .2m (17x)
$Trump -> hit $1 .7m, 4 pixel Trump
$vdog -> hit $837k , vote dog
$4547 -> hit $638k , realdonaldtrump 45th & 47th president
$usdt -> hit $630k , Ultra Sigma Donald Trump

Fwog Is King
$fwog -> $185m to $357m (1.9x from the recent low)
- Continues to make new ATH's every day

Cat Meta
$bop -> $3 .5m to $18 .4m (5.3x), bop cat
$buu -> $700k to $5 .4m (7.7x), $130k + in LP Rewards
$ks -> $790k to $3m (3.8x), good vol despite overall market volume decreasing
$angy -> $215k to $1 .9m (8.8x)

Retire
$retire -> $1 .7m to $6 .3m (3.7x), good narrative, listed on usemoonshot

More Cooks
#griffain -> $900k to $5 .8m (6.4x)
$cupsey -> $500k to $3 .7m (7.4x), pump fun mascot plushie
#grizzly399 -> $100k to $1m (10m), rest in peace bear
$wiz -> $100k to $600k (6x), wizard dog, ATH $3m
$woof -> hit $5 .25m, hyped launch
$major -> hit $2 .5m, moonshot launch, $20k + in LP Rewards
$🍅 -> hit $2 .1m, walking tomato
#AaronSw -> hit $1 .5m, Aaron Swartz, tweet that elonmusk interacted with
$blob -> hit $1 .2m
$cuzco -> hit $910k , OpenAI's GOAT
#pf500 -> hit $840k , pump fun index fund
$rsm -> hit $500k , runescape memes
$early -> hit $475k
$wbw -> hit $430k , white boy winter
#ptcx6900 -> hit $400k , pumpfun top coins index

Volume has been slowly decreasing over the last couple of days due to the uncertainty with the election

Markets hate uncertainty, we resume up mode once it's over

Daily Memecoin Recap - November 3

All eyes on Elon, decent vol this Sunday

Elon's Pets
$shrub -> hit $30m , elonmusk's pet hedgehog
$eric -> hit $2 .1m, Elon's pet fish
$marvin -> hit $894k , Elon's dog
- He mentioned his pets in multiple tweets

Justice For Peanut
$pnut -> $3m to $134m (45x)
$fred -> $60k to $21m (350x), euthanized with Peanut
$opk -> hit $7 .8m, Obi Pnut Kenobi, Star Wars + Peanut, based on an elon musk tweet, multiple coins came out
$peanut -> hit $5 .1m, claims to be a fair and community launch
$GOPnut -> hit $2 .5m, Peanut for the GOP official mascot
$wally -> hit $1 .2m, Peanut's Brother
$karen -> hit $975k , peanut killer
$plf -> hit $580k , peanut liberty foundation, based on elon's tweet

Killed Animals
$kamala -> hit $5m , elephant
$cedar -> hit $5m , stolen pet goat
$albert -> hit $1 .4m, alligator
$legacy -> hit $915k , combination of killed animals, HarambePnutDogeFredHeaven420inu
$phil -> hit $860k , water buffalo escaped
#grizzly399 -> hit $360k , grizzly bear
- After Peanut's sad passing, degens are finding similar cases

Pump Fun Stuffed Animal
$cupsey -> hit $7m
$rupsey -> hit $530k , red version of $cupsey
- orangie posted a pumpdotfun stuffed animal
- Pump fun founder a1lon9 interacted
- orangie said its name is Cupsey, named after Cupseyy

Election Meta
$harris -> $365k to $4 .1m (11.2x), KamalaHarris
$rigged -> hit $3 .65m, gently used voting machine
$rocky -> hit $1 .4m, first dog candidate
$brent -> hit $670k
$erect -> hit $200k , Erection 2024

Old Elon Memes
$shrub -> $35k to $11m (314x), old meme on $ETH
$shrub -> $10k to $4 .1m (410x), old meme on $SOL

Iranian Feminist
$girl -> hit $1 .8m, viral Persian feminist
$ahoo -> hit $910k , Ahoo Daryaei
$ahou -> hit $430k

Grass Keeps Pushing
$grass -> $153m to $469m (3x)
- After initial fud on launch, it keeps pushing

More Cooks
#zerebro -> $5m to $25m (5x), AI
$suwi -> hit $14 .5m, solana's happy coin
$monkey -> hit $3 .8m
#griffain -> hit $2 .9m
#goatsenet -> hit $2 .7m
#dekopon -> hit $1 .9m, baby rhino
$beppo -> hit $1 .4m, chimp in space
$ks -> hit $1 .3m, kittyspin
$angy -> hit $1 .1m, cat
$mimi -> hit $1m , cat meme

Lock in for the new week tomorrow.

What are your goals?

Daily Memecoin Recap - November 1

Markets are waiting for Tuesday's election ⌛️

Government Kills Peanut
$pnut -> $250k to $10 .5m (42x), peanut the squirrel
$fred -> hit $670k , raccoon that was also seized during the raid for Peanut
- New York seized and killed a viral pet squirrel

High Volume
$hima -> $2 .6m to $8 .8m (3.4x), supply sent to solana foundation
$suwi -> hit $7 .1m, unique content
$potato -> hit $4 .5m, literally a potato
$god -> hit $3 .1m, "dog" backwards
$mob -> hit $1 .7m, museum of baddies
$pet -> hit $1 .2m

Election Countdown
$47 -> $6m to $14 .4m (2.4x), urealDonaldTrump 47th president
$djt -> hit $1 .8m
#Trump2024 -> hit $1m
$rigged -> hit $747k , gently used voting machine, election is rigged
#djtardio -> hit $357k , #retardio + Trump
- Elections are Tuesday 👀

Retardio
$rzack -> $1 .7m to $7 .1m (4.2x), new coin pushed by MrZackMorris
#djtardio -> hit $357k , #retardio + Trump

Artificial Intelligence
$matrix -> $984k to $3 .2m (3.3x), roko's matrix
$thales -> hit $1m , before $eliza there was thales, AI16Z, AI lore
#tag_coin -> hit $550k , first OpenAI coin
$enigma -> hit $467k

More Cooks
$earl -> $5m to $14 .2m (2.8x)
$toad -> $410k to $9m (22x), $pepe beta
$fridge -> $1 .7m to $7 .3m (4.3x), entire memecoin ran on a public fridge
#nailong -> hit $19 .7m, good community
#homdaeng -> hit $1 .4m
$froge -> hit $747k
$pro -> hit $730k , protagonist
$hasbu -> hit $687k , hasbulla_main
$nnn -> hit $648k , No Nut November
$mad -> hit $600k
#whatitis -> hit $548k , it is what it is
#nocturna -> hit $425k
$jonk -> hit $395k

Someone drop me a 100x rn

Daily Memecoin Recap - September 30

The market really likes narrative plays at the moment, focus on having conviction

Ansem Shills Giko
$giko -> $2 .64m to $69 .69m (29.4x from the low)
- Pumped 89% in a 1 min candle when blknoiz06 posted about it
- Has been steady climbing for the past week

Aziz Is The Chosen Name!
$aziz -> $238k to $5 .39m (22.65x), "We welcome a female southern white Rhino calf, Aziz!"
- A zoo had a white Rhino calf and had a poll up online to decide its name
- Degens started creating coins with all the different name options
- Today Aziz was announced as the winner for the rhino's name

Moo Deng Whales Push A Coin
$hc -> hit $2 .5m, Hippo Cat
- Some holders in this coin had 6 figs in {#id:419#}

Emoji Meta
#🐕 -> hit $4 .5m, Dog Emoji, trend setter for this meta

Manyu Goes Crazy
$manyu -> $6m to $29m
- New ATH
- Good community forming

Good Volume Plays
$sirius -> $2 .7m to $9 .3m (3.44x), first cat on $btc in 2009
$winter -> hit $3 .23m, winter arc
$quant -> hit $1 .94m, "user8687391766990", good tiktok meme
$s &p500 -> hit $1m , solana and pussy 500
$spinna -> hit $728k , Spinna Da Gorillla

Baby Animals
$alfred -> $92k to $1 .5m (16.3x), Alfred the baby barn owl
$pj -> hit $902k , baby aardvark from the San Diego Zoo
$wsb -> hit $860k , worlds smallest bunny
$aardy -> hit $849k , baby aardvark

Moo Deng Betas
#babydeng -> $1 .29m to $5m (3.87x), baby Moo Deng
$abc -> hit $1 .42m, good art & website
$scm -> hit $410k , Smoking Chicken Moodeng, $scf + {#id:419#}
#goddeng -> hit $360k

More Cooks
$fc -> $177k to $3 .69m, Fish In Condom (20.85x)
#uptober -> hit $3 .5m
#chromerag -> hit $795k
#DanHuang -> hit $718k , viral Chinese dog
#octocat -> hit $480k , github's logo
$seal -> hit $353k
$ikea -> hit $242k , ikea dog
#q4 -> hit $206k , the final quarter

Time to onboard retail so we can bring back organic volume

Did you cook?

Dont fade $alfred this owl is running to 100mil

Sarto just started cto of $ALFRED , may be next $MOODENG

MC ~180k

DYOR

The ticker is $freddy , thank me later

Weekly Outlook Charts: August 5-9:

#DXY Despite the volatility, the weekly time frame still shows bearish divergence. Hence why i think we will still continue on the leg down to 96.9 as forecasted many months ago. Nothing has changed here.

Weekly: https://www.tradingview.co.../

Daily: Solid rejection off 106/107 level instills confidence of further downside to target.

https://www.tradingview.co.../

🎯Target at 97 remains.

Doesnt lower DXY mean gains for risk assets like crypto? Not quite..

Where I was wrong about DXY and why: Historically speaking, DXY strength correlates well with economic activity. A strong dollar is good for markets because it signals we are headed in the right direction. Economy > earnings > stock prices. However, more recently as we've seen in 2022 and 2023, a stronger dollar had a negative affect on equities - mainly risk assets such as cryptos. This was because of deleveraging of global liquidity in the form of quantitative tightening. Interest rates were climbing at a record pace to stop inflation, while making the risk free rate (bond yields) more rewarding than most high growth companies. Growing a company became much more difficult when compared to low rate environments. Good news was bad news for the market.

The market reaction of recent economic data indicates a possible turning point for bad news being bad for the market. So even though , DXY is still on track to its forecast from months prior, risk assets may not perform as expected. We must look at other factors outside of DXY strength - as I normally do - to gauge whether upside on cryptos are worth while...

Yield Curve Inversions:
For the first time since June 2022, the yield curve has hit 0%. After spending a record time inverted, there are signs the yield curve is finally re-inverting back to normal. The re-inversion usually causes the most damage to markets as a recession hits, and growth stagnates.

#US10Y
Below shows the yield curve vs the S&P 500.
https://www.tradingview.co.../

Since 1990, there has been a 4/4 probability of market declines and recession proceeding the re-inversion.
For data not shown on Tradingview, there were 2 outliers in 1980 and 1982 where the market nearly bottomed as it re-inverted (https://fred.stlouisfed.or...)

However, the last two re-inversions still had the market increase for the proceeding 24 weeks (5-6 months). This is very important information. If this cycle plays out like the last 2, the markets might still crawl higher until Jan 2025.

#US10Y
Below shows the yield curve vs gold.

https://www.tradingview.co.../

🎯Target for 3000

As the yield curve re-inverts, it presents an opportunity for safe haven assets like gold to outperform. The only outlier was 1980 and 1982 when gold had already increased 800% in the few years prior due to Fed Volcker's era of runaway inflation.

Evidenced by the inverted yield curve's track record of predicting recessions, the Sahm Rule was also triggered on Friday's unemployment data. Since 1950, the Sahm Rule was able to predict a recession 10/11 times (91% chance). Every time it did predict a recession, it did so within 4 months.

Coincidentally, This time frame fits quite nicely with the 24 weeks of upside proceeding the re-inversion before the start of a bear market