Let's talk about the intricacies of bull markets and bear markets. Many people actually don't care much about the differences between the two.

When a bear market arrives, it can be really thrilling! At first, prices might spike dramatically, but the good times don't last long, and then it’s a relentless plunge. At this time, the world is filled with bad news; although prices may occasionally rebound, those bad news weigh down the prices like a heavy stone. Especially with cryptocurrencies, the price volatility is like a roller coaster, making it hard for those with a weaker heart to handle.

Speaking of altcoins, the situation is even more tragic. Many altcoins have fallen to mere fractions of their value within one or two years, with only a few strong ones able to withstand the drop. Looking at those altcoins now, most have dropped by over 90%, and they might continue to fall. However, it’s quite interesting that those altcoins that survive the bear market can become popular again in the next bull market; truly, fortunes change!

Looking at the candlestick chart, there are far more red bars than green ones, and prices seem to be rubbed down to the ground, either dropping or remaining stagnant. At this time, retail investors have it really tough; most people have lost quite a bit of money, and they feel quite frustrated.

A bull market is completely different! At first, prices might suddenly drop, but don’t worry, they will gradually rise back. Although there are still a lot of bad news at this time, good news occasionally pops up to lift everyone's spirits. Most cryptocurrencies follow the market upward; the momentum is simply like a rocket taking off.

The market is bustling, everyone is glued to the charts, and the green bars are almost invisible as prices soar. At this time, fewer people are losing money, and retail investors find it easier to make profits, resulting in a much better mood.

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