CryptoEducation: The Truth About Bulls and Bears

04.05.2022

On crypto exchanges and global financial markets, the terms “bulls” and “bears” are used to describe trader behavior in response to rising or falling markets. Bulls — The OptimistsBulls bet on rising prices. They buy assets believing they will be able to sell them later at a higher price. Origin of the term: a bull strikes upward with its horns, symbolizing a market going up. Bears — The PessimistsBears bet on falling prices. They try to profit from declines, often by short selling (selling assets they don’t yet own to buy them back cheaper later). Origin of the term: a bear strikes downward with its paws, symbolizing a market going down. When buyers dominate and prices are surging — it’s a bull market. When sellers take over and prices fall — it’s a bear market. These two terms are essential for understanding overall market sentiment and trader strategies.