📎 Blockchain Industry | Bull and Bear Markets
· What they are: Macroeconomic liquidity, interest rates, regulatory policies, and major industry events all affect the phase the crypto market is in.
· Why: A “cycle” is a summary of past trends, not a rule written into the protocol. There are few historical examples, and conditions change, so past patterns do not necessarily repeat in the future.
· Reminder: Whether you think the market is currently in a bull or bear market, keep your position size within the level of losses you can tolerate.
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