I saw a vote where most people said that we have entered the early stage of the bear market.
The following is a list of the characteristics of the early stage of the bear market to know what stage we are in now.
Don't say that the bull market is gone and the bear market is coming as soon as there is a correction.
1. The first characteristic of the early stage of the bear market: good news does not lead to a rise, bad news leads to a sharp drop.
From the daily market, we can find that, combined with the situation of most individual coins in the market, if there is good news, these coins will rise. Although bad news will have a certain impact on the market, if it is not a major bad news, the inhibitory effect on the market will be relatively reduced.
However, when gradually entering the early stage of the bear market, there will often be a situation in the market where good news does not lead to a rise, and bad news leads to a sharp drop. Such signals often represent the coming of the bear market.
2. The second characteristic of the early stage of the bear market: no continuous hot topics.
In the bull market, there is generally a trend of multiple blooming. In the market, there is not only one main line that continues to rise, but the theme stocks of various sectors are indeed very persistent and are in a state of wave-like rise. On the contrary, it is difficult to have a hot topic in a bear market. For friends who like to do short-term trading, the error tolerance rate of operating theme stocks in a bear market is low, so it is recommended that everyone hold coins and wait and see during the bear market.
It is expected that the ETF of the leading altcoin ETH will be launched before the 4th of next month
The launch of ETF will drive a new round of altcoin rise