Many people are not aware of the obvious differences between bull and bear markets. Here is a simplified description:
Bear Market:
Prices often rise sharply at first but gradually decline over time.
Usually preceded by widespread global bad news, although prices may temporarily rise despite the negativity.
Characterized by volatile price swings, especially in cryptocurrencies.
Altcoins are particularly vulnerable, with many losing more than 95% of their value in one to two years, leaving only a few strong projects to survive. Currently, most altcoins have already lost about 90% of their value, with the potential for further declines. Surviving projects often thrive in the next bull cycle.
Candlestick charts show more red candles (indicating price drops) than green, with a tendency for prices to decrease or stagnate.
Retail investors face serious difficulties, and most incur significant losses.
Bull Market:
Prices may initially drop sharply but typically recover gradually.
Often preceded by ongoing negative updates, but with rare positive news.