In the world of cryptocurrencies, the alternation between bull and bear markets is a completely normal phenomenon.
During a bear market, prices rise suddenly like leaves blown by the wind, and then slowly drift down. In contrast, a bull market is like spring flowers, which bloom slowly after experiencing a storm.
Before a bear market arrives, negative news spreads globally, which is indeed an interesting phenomenon. Perhaps it's because the market is more sensitive to bad news, so even the slightest disturbance can cause price fluctuations. On the eve of a bull market, although there is also negative news, the occasional good news is like a beam of light, illuminating the path ahead.
In a bear market, the price fluctuations of certain currencies can be quite large, like waves in the ocean, rising and falling. In a bull market, however, the prices of most currencies are like a grassy field brushed by a spring breeze, continuously rising and bringing hope.
The performance of altcoins you mentioned in a bear market is also quite interesting. Indeed, a bear market is a severe test for altcoins, and many currencies will disappear in this process. But only those currencies with real potential can survive a bear market and then shine brightly in a bull market.
Finally, the candlestick patterns you mentioned are also an important indicator for assessing market trends. In a bear market, there are more bearish candles than bullish ones, indicating price fluctuations and declines; whereas in a bull market, there are more bullish candles than bearish ones, with prices rarely falling, and retail investors mostly making profits.
In general, both bull and bear markets have their own characteristics and patterns. As investors, what we need to do is understand these characteristics, grasp the pulse of the market, and then make wise decisions.
Recently, I have been observing the primary market in the cryptocurrency circle and feel that the Musk puppies on the Ethereum chain have great potential. As the strongest meme concept, they are emerging and have enormous future development potential. Perhaps they have the chance to become the next phenomenon like Shiba Inu, a noteworthy crypto asset that deserves close attention and in-depth research from investors.