You just entered the crypto world or trading, and surely you'll hear people constantly say "Bullish" or "Bearish." At first, I was confused, why do they keep talking about these animals? 🤔

Actually, this story originates from the financial markets of the 18th century. Traders back then wanted a quick way to describe market sentiment, so they drew inspiration from how animals attack. Interestingly, these terms have survived to this day, especially in crypto.

Let's talk about what "bullish" means first. From Bull - when a bull attacks, it raises its horns from below upward. That image became a symbol for rising prices. So when someone says "the market is bullish," they mean prices are going up, and the opportunity to make money is ahead.

Conversely, "Bearish" comes from Bear - when a bear attacks, it strikes downward with its claws from above. Therefore, bearish = prices will fall = be cautious, the market may be risky.

I think this comparison is quite good because it's easy to remember and understand. Instead of just saying "price increases" or "price decreases," "bullish" or "bearish" sound more professional, and it also helps you quickly grasp the trader community's sentiment.

So now, when you hear someone ask "Is the market bullish or bearish right now?", you already know they're asking whether prices will go up or down. Follow me to learn more about crypto and trading. Currently, I am monitoring BTC, ETH, BNB on Gate to stay updated on the market situation. Wishing you successful trading! ♥