What is the difference between a bull market and a bear market?
The market will not always be a bull market or a bear market forever.
The bulls and bears of the market are all phases and are always in a state of alternation.
Bull market characteristics:
Market liquidity is abundant, funds are overflowing, new entrants are entering the market at an accelerated pace, and OTC funds are flowing in continuously.
Bitcoin led the rise in the early stage, and then altcoins followed suit, forming a rotating upward trend.
The market sentiment is optimistic, and there is a general feeling that there is unlimited funds, the wealth creation effect is significant, and it attracts more attention.
Bear market characteristics:
The overall liquidity is lacking, and the market is gradually deteriorating from the edge to the center. Even if the big coins are protected, the overall situation is still weak.
Market makers and institutions did not leave the market on a large scale, but the market trend was downward and lacked upward momentum. The market sentiment is pessimistic and there is a lack of new funds entering the market. The overall performance is that the chain of risk assets is interrupted and prices fall across the board.
Generally speaking, bull markets are characterized by abundant funds, active markets, and rising prices, while bear markets are characterized by tight funds, deserted markets, falling prices, or consolidation.