In the cryptocurrency world, determining bull and bear markets can actually be quite intuitive. The core standard lies not in the magnitude of price fluctuations, but in the 'rhythm' of the market. $BTC
Simply put: Bull markets have more up days and shorter down days, while bear markets have more down days and longer up days.
In a bull market, corrections are often swift and decisive, with selling pressure surging during declines, but quickly supported by stronger buying, causing prices to rapidly return to an upward trajectory. Each decline feels like a 'fake fall', providing an opportunity for those who haven't boarded yet.
Conversely, rebounds in a bear market are quite the opposite. Rallies often come suddenly and aggressively, like a release of pent-up emotions, but usually lack follow-through, rising briefly and not very high before quickly declining again. These rebounds are more like traps. $BNB
Thus, the real distinction lies in the 'market structure':
When negative news emerges but prices remain stagnant, or even increase with further declines, it indicates a strong underlying market structure, suggesting the foundation of a bull market is still intact.
When positive news continues but prices open high and then fall, with rebounds being short-lived, one should be cautious, as this is likely still a struggle within a bear market. $PIPPIN
Understanding this point, you won't be swayed by the large fluctuations of a single day. The true trend is hidden in the 'strength' and 'persistence' of the candlestick patterns. Whether it's a bull or bear market, the market will reveal the answer through its most genuine buying and selling activities.
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