“The market is picking up” and “the bear market isn’t over yet”—what are claims like these actually based on?
One number: when the market shifts from one phase to another, it often takes looking back to confirm the change; it’s hard to tell while you’re in the middle of it.
Sentiment itself can also amplify market movements: more money chases the rally when prices rise, while panic selling increases when they fall, making the market even more volatile.
Understanding this matters more than memorizing a pile of jargon. Every potential return comes with a corresponding risk, so first make sure you understand the worst-case scenario.
Many people use the price movements of $BTC to describe the current phase of the entire crypto market.