Many people have not clarified the difference between a bull market and a bear market. Here is a brief explanation:

In a bear market, the market often first experiences a rapid rise, followed by a gradual decline. A bull market is quite different; prices often drop significantly without warning but can quickly rebound.

On the eve of a bear market, even when negative news floods in globally, prices often rise against the trend; before a bull market starts, although negative news is also common, there are occasionally some positive insights.

In a bear market, many cryptocurrencies experience significant price fluctuations with frequent changes in direction; in a bull market, most cryptocurrencies show a continuous upward trend in prices.

Another notable feature of a bear market is that within a one to two-year cycle, the market value of most altcoins may decrease by over 90%.

Currently, many altcoins have already dropped by 90%, and there may be further declines ahead. Only a few promising cryptocurrencies can endure a bear market and shine brightly when a bull market arrives.

From the perspective of candlestick patterns, in a bear market, the number of bearish candles exceeds that of bullish candles, indicating an overall downward trend in prices, making it difficult for retail investors to profit; losses have almost become the norm.

In contrast, during a bull market, trading volume and market activity continue to rise, with bullish candles dominating the candlestick chart, and prices rarely experience declines, allowing most retail investors to profit, with losses being the exception.

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