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Most people won't tell you the characteristics of Bull Market and Bear Market.
Feature 1⃣: In a Bear Market, prices will suddenly rise and then gradually fall.
On the contrary, prices will plummet sharply before slowly rebounding in a bull market.
Feature 2⃣: Before the Bear Market comes, there is frequent global negative news, but it often brings price increases. On the eve of the Bull Market, although there is continuous negative news, occasionally positive news appears.
Feature 3⃣: In the Bear Market, the prices of some currencies fluctuate greatly, with ups and downs.
In a bull market, the prices of most currencies continue to rise.
Characteristic 4⃣: The characteristic of a Bear Market is that within one to two years, the value of most altcoins will evaporate by more than 90%. Currently, altcoins have plummeted by 90%.
There may be further declines in the future, with only a few coins with potential.
be able to withstand Bear Market.
The characteristics of a bull market are that trading volume and market activity will continue to increase.
A green candlestick chart with more bullish candles than bearish ones indicates that the price is unlikely to drop and most retail investors can profit with little loss.
It takes several days to rise slowly, but it only takes one day or a few hours to fall back to the starting point. Historical market experience tells us that we must not chase after buying at this high level! The decline from 5000 to 10000 points can be completed in an instant!
The recent rise is more of a speculative expectation for Trump's official inauguration on the 20th. It's almost there now, and the positive news has been cashed in early. If Trump doesn't mention cryptocurrencies at all, the drop will be even scarier. Previously, he could say anything to win votes. But when he officially takes office, he needs to be more cautious about his remarks. In addition, a series of policies he proposed regarding cryptocurrencies, such as designating them as a 'national priority', have been rejected and not approved. #打榜优质内容#