According to IntoTheBlock, during the recent bear market, the share of profit holders fell to a low of 46%, and after the 2017 cycle, it fell to just 3%. This comparison shows that the current cycle of Ethereum has shown greater resilience, with many holders remaining profitable even during economic downturns, reflecting greater confidence in the long-term value of ETH. During 2019/2020, ETH's earnings address fell below 10% at one point. While a similar scenario could cause a bear market to return to its lows, the current market suggests that any downturn may not be as severe.