🌎 In the world of cryptocurrencies, the terms "bears" and "bulls" are used to describe two opposing trends in the market:
🔻Bulls (Bullish) 🐂
Refers to investors who believe that the price of an asset (such as a cryptocurrency) will rise.
A bull market is characterized by a sustained increase in prices.
🐂 The "bulls" buy cryptocurrencies with the hope of selling them at a higher price and making a profit.
🐂 The term "bull" comes from the way a bull attacks, thrusting its horns upward.
🔻Bears (Bearish) 🐻
Refers to investors who believe that the price of an asset will fall.
A bear market is characterized by a sustained decrease in prices.
🐻 The "bears" sell cryptocurrencies with the hope of buying them back at a lower price and making a profit, or simply to avoid greater losses.
🐻 The term "bear" is associated with the bear's movement when attacking, which is from top to bottom.
🔻 The "bulls" are optimistic and bet on the rise in prices, while the "bears" are pessimistic and bet on the fall.