Bull season is, in short, a period when the cryptocurrency market starts to rise and many investors make profits. Some altcoin projects can rise many times and bring high profits to their investors, depending on the duration and impact of this period. Investors think that the market will rise during this period and will increase their investments accordingly. This period can last for weeks, months or sometimes years. The reason why this period is associated with the bull is that the horns of the bulls are up and this resembles the rise. The cryptocurrency market is a market with high volatility.
Corrections made by cryptocurrencies are considered important for healthy rallies. Therefore, he states that investors should think twice before panic selling in such corrections. But on the other hand, the bull season does not last forever
In the crypto market, “bears” (i.e. those who expect a decline) can sometimes also be “bulls” (those who expect an increase). Investors or big players who drive the market can strategically change their positions. Your position in the market may vary and even change depending on current market conditions, technical analysis, liquidity levels, news flow and many other factors.
Hope this helps!