📐 Blockchain industry | Bull and bear markets
· Definition: Stock markets often define a drop of more than 20% from a peak as entering a bear market. There is no universally accepted definition in crypto markets.
· How to understand it: A “cycle” is a summary of past trends, not a rule written into a protocol. With limited data and changing conditions, past patterns may not repeat in the future.
· Caution: Don’t casually use leverage when the market is booming, and don’t increase your position to recoup losses when the market is quiet.
$BTC 82232（+1.3%）
#BTC
· Definition: Stock markets often define a drop of more than 20% from a peak as entering a bear market. There is no universally accepted definition in crypto markets.
· How to understand it: A “cycle” is a summary of past trends, not a rule written into a protocol. With limited data and changing conditions, past patterns may not repeat in the future.
· Caution: Don’t casually use leverage when the market is booming, and don’t increase your position to recoup losses when the market is quiet.
$BTC 82232（+1.3%）
#BTC