Most people won't tell you the characteristics of bull and bear markets
In a bear market, prices suddenly rise and then slowly fall.
A bull market is the opposite, with prices sharply declining and then slowly recovering.
Before a bear market arrives, negative news is rampant globally, yet it often leads to price increases.
On the eve of a bull market, although negative news continues, there are occasional positive reports.
During a bear market, certain cryptocurrencies experience significant price fluctuations, with both increases and decreases.
In a bull market, most cryptocurrencies see continuous price increases.
The characteristic of a bear market is that within one or two years, most altcoins will lose more than 90% of their value. Currently, altcoins have fallen by 90%, and they may continue to decline in the future. Only a few promising cryptocurrencies can survive the bear market and shine in the next bull market. During a bear market, the candlestick chart shows more bearish candles than bullish ones, indicating that prices are mainly fluctuating and declining. Retail investors find it difficult to profit, and in most cases, they incur losses.
The characteristics of a bull market are that trading volume and market activity continue to increase. The candlestick chart shows more bullish candles than bearish ones, with prices rarely falling, and most retail investors can profit, with few losses.