Many people have not mentioned the differences between bull and bear markets:
In a bear market, prices often rise sharply at first and then slowly decline.
Bull markets are different; prices may suddenly drop but then gradually recover.
Before a bear market arrives, there is a constant stream of negative news worldwide, often accompanied by rising prices.
On the eve of a bull market, despite frequent negative news, there may occasionally be positive news.
During a bear market, some currencies experience extreme price fluctuations, alternating between rising and falling.
In a bull market, most currencies continue to rise in price.
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 plummeted by 90%, and they may continue to decline in the future. Only a few promising currencies can survive the bear market and shine in the next bull market. During the 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 profit, and most of the time they are 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 decline, and retail investors mostly make profits, with losses being less common.
