Attention, you must read the techniques of copying the bottom and escaping the top. Characteristics of bull and bear markets, the following points must be collected:
In a bear market, prices tend to rise suddenly and then slowly fall. On the contrary, in a bull market, prices will first fall sharply and then gradually recover.
Before the bear market comes, negative news occurs frequently around the world, but this often brings about a short-term increase in prices. On the eve of a bull market, although negative news continues, good news occasionally appears.
In a bear market, the prices of certain currencies fluctuate greatly, rising and falling. In a bull market, the prices of most currencies will continue to rise.
A notable feature of a bear market is that within a year or two, most altcoins lose more than 90% of their value. At present, altcoins have fallen by 90% and may continue to fall in the future. Only a few coins with potential can survive the bear market and shine in the next bull market.
During the bear market, there are more negative lines than positive lines on the K-line chart, showing that prices mainly fluctuate and decline. At this time, it is difficult for retail investors to make profits, and in most cases they lose money.
In contrast, bull markets are characterized by continued increases in trading volume and market activity. On the K-line chart, there are more positive lines than negative lines, and the price rarely falls. At this time, most retail investors can make profits and rarely lose money.
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