Differences Between Bull Markets and Bear Markets

: In a bear market, prices often rise quickly at first and then gradually decline. In contrast, a bull market sees prices suddenly drop but then gradually recover.

Before a bear market arrives, there is a continuous stream of negative news globally, often accompanied by rising prices. On the eve of a bull market, despite frequent negative news, there will occasionally be positive news. During a bear market, some cryptocurrencies experience significant price fluctuations, alternating between rises and falls.

In a bull market, most cryptocurrencies see their prices continuously climb. A characteristic of a bear market is that within one or two years, the value of most altcoins may evaporate by over 90%. Currently, altcoins have already dropped 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, there are more bearish candles than bullish ones on the candlestick chart, reflecting that prices primarily fluctuate and decline. Retail investors find it difficult to profit and are mostly in a state of loss.

The characteristics of a bull market include a continuous increase in trading volume and market activity. There are more bullish candles than bearish ones on the candlestick chart, prices rarely drop, and most retail investors can make profits, with losses being less common.