Most people won't tell you the characteristics of bull markets and bear markets
In a bear market, prices suddenly rise and then slowly decline.
In a bull market, the opposite occurs, with prices sharply dropping before slowly recovering.
Before a bear market arrives, negative news is frequent globally, yet it often leads to price increases.
On the eve of a bull market, although negative news continues, there are occasional positive updates.
In a bear market, certain currencies exhibit significant price fluctuations, with gains and losses seen.
In contrast, during a bull market, most cryptocurrencies experience continuous price increases.
The characteristic of a bear market is that within one to two years, most altcoins will lose over 90% of their value. Currently, altcoins have already dropped by 90%, and they may continue to decline in the future. Only a few potential coins 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 primarily fluctuating and declining. Retail investors find it hard to make a profit, and in most cases, they incur losses.
The hallmark of a bull market is that trading volume and market activity continuously increase. The candlestick chart shows more bullish candles than bearish ones, with prices rarely declining, allowing most retail investors to profit and very few to incur losses.