In a bear market, prices suddenly rise and then slowly decline.
In a bull market, the opposite occurs; prices sharply drop and then gradually recover.
Before a bear market arrives, negative news is rampant worldwide, yet it often leads to price increases.
On the eve of a bull market, despite the constant negative news, there are occasionally positive updates.
During a bear market, certain cryptocurrencies experience significant price volatility, with both gains and losses.
In a bull market, most cryptocurrencies see continuous price increases.
The characteristic of a bear market is that within one to two years, the value of most altcoins will 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, the candlestick chart shows more bearish candles than bullish candles, indicating that prices mainly fluctuate and decline. Retail investors find it difficult to make profits, and in most cases, they incur losses.
The characteristics of a bull market include a continuous increase in trading volume and market activity. The candlestick chart shows more bullish candles than bearish candles, prices rarely decline, and most retail investors can make profits with few losses.
Recently, I've been planning to position myself for a potential cryptocurrency that is ready to surge; doubling my investment is quite simple. At the same time, I am also looking for some promising coins to hold until the end of the year, expecting a return of over ten times is not an issue. If you want to follow my moves, leave a message, follow, and like, gold. skirt