What Does the Bear Market in the Cryptocurrency Space Mean (Major Bull Market in the Cryptocurrency Space)
What does the bear market in the cryptocurrency space mean? This concept of trad
What does the bear market in the cryptocurrency space mean? This concept of trading is simple: when the market is in a state of fluctuation, investors are easily affected by the market trend. In this situation, investors may feel that they have lost all their investment capital; if prices do not rise significantly, investors may incur losses due to fear of missing out. In such cases, investors often choose to sell or hold other assets. However, once prices start to fall, this is when the “bull market” arrives. Therefore, investors can use their gains to close positions and make profits, thus avoiding unexpected impacts caused by excessive volatility and achieving greater profits.
So, the bear market in the cryptocurrency space refers to when powerful individuals suddenly sell off all their chips of a coin after it experiences a sharp rise or fall, and then use the lure of a bull market to attract funds to the peak in exchange for more tokens. Additionally, because when the price of Bitcoin drops from its highest point to its lowest, many people want to buy at a low price, there are also many cases where individuals hope to transfer part of their assets out. However, these are results of short-term operations and are not technical issues. (For example, if you are a spot trader and can buy or sell Bitcoin at any time, and believe you will not lose money, then you are waiting for others to chase after it.)
Major Bull Market in the Cryptocurrency Space
According to reports from Weibo user “A Day in the Cryptocurrency World,” a blockchain investor stated that after the market’s significant decline today, he believes this is a major bullish news. Firstly, looking at the overall market, the “rampant rise” has already ended. But according to historical experience, “the bull market is about to come.” Secondly, analyzing the market situation, “BTC and ETH are both hovering around $11,000… but in terms of trading volume, this position is still weak. If the trends of LTC/BCH and other mainstream coins are not strong, there is not much hope, so there will be a rebound.” The third reason may be that Gary Gensler, the chairman of the U.S. Securities and Exchange Commission, stated that he is considering Bitcoin as a regulatory framework rather than a payment method. The final factor is that the Federal Reserve is currently in the process of reducing its asset purchases.
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