Many people have not mentioned the differences between bull and bear markets:
In a bear market, prices often rise quickly at first and then slowly decline.
In a bull market, however, prices may suddenly drop but will gradually recover afterwards.
Before a bear market arrives, there is a continuous stream of negative news globally, yet prices often rise.
On the eve of a bull market, despite frequent negative news, there may occasionally be good news.
In a bear market, some currencies experience extreme price fluctuations, alternating between rises and falls.
In a bull market, the prices of most coins continue to climb.
The characteristic of a bear market is that within one or two years, the value of most altcoins may evaporate by more than 90%. 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, there are more bearish candles than bullish candles on the candlestick chart, reflecting that prices mainly fluctuate and decline. Retail investors find it difficult to make a profit, often remaining in a state of loss.
The characteristic of a bull market is that trading volume and market activity continue to increase. There are more bullish candles than bearish candles on the candlestick chart, prices rarely drop, and most retail investors can make a profit, with losses being less common.
