The pancake madness has begun again. If long positions are swept away, then let's take another wave. Where are there children crying every day, and where are there gamblers losing every day? Not to mention that prices during the big festival affect moods, which household doesn't wrap some dumplings and enjoy some good food during Christmas?

Most people won't tell you the characteristics of bull and bear markets:

In a bear market, prices suddenly rise and then slowly fall.

In a bull market, the opposite occurs: prices sharply decline before slowly recovering.

Before a bear market arrives, negative news floods the globe, yet it often brings price increases.

On the eve of a bull market, although negative news is constant, there are occasional positive updates.

In a bear market, certain currencies experience significant price fluctuations, with both increases and decreases.

In a bull market, the majority of currencies see continuous price increases.

The characteristic of a bear market is that within one to two years, the value of most altcoins evaporates by over 90%. Currently, altcoins have already dropped by 90%, and may continue to decline in the future.

Only a few potential currencies can survive a 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 primarily fluctuate and decline. Retail investors find it difficult to profit, and most of the time 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, prices rarely decline, and most retail investors can profit, with few incurring losses.