If you entered the world of trading or crypto, you definitely heard people say: "the market is bullish" or "the situation is bearish", and wondered: What's their story with animals? 🤔
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1️⃣ What does "Bullish" mean?
The word Bullish comes from the word Bull which means bull in English.
The bull when it attacks, raises its horns up, and this symbolizes a rise in prices.
📌 Summary: When they say the market is bullish = they expect prices to rise.
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2️⃣ What does "Bearish" mean?
The word Bearish comes from the word Bear which means bear.
The bear when it attacks, strikes with its claws from top to bottom, and this symbolizes a drop in prices.
📌 Summary: When they say the market is bearish = they expect prices to fall.
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3️⃣ Why do they use these words instead of "upward" and "downward"?
The reason dates back to the 18th-century financial markets, where traders used these animal metaphors as a shorthand and understandable way to describe market movements, and it spread globally afterwards.
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🎯 Summary:
Bullish = Rise 🐂
Bearish = Drop 🐻
And the animals are just an old metaphor... but it has continued to this day in the trading world.
Now tell me, is the market bullish or bearish? 👀
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Best regards ♥♥♥♥
