This guide helps you identify whether you're experiencing a bull or bear market by analyzing price action, volume, sentiment, and on-chain data. In a bull market, prices consistently rise, investor sentiment is positive, and economic indicators tend to be favorable, as seen in Bitcoin's 2020-2021 surge. Conversely, a bear market features prolonged price declines, negative sentiment, and adverse economic conditions, exemplified by the market falls in 2022. Key indicators to watch include trading volume, market sentiment, and technical and fundamental factors. During a bull market, strategies include trend following, profit-taking, and risk management, whereas bear market strategies encompass defensive positioning, dollar-cost averaging, and focusing on fundamentals. Understanding these cycles helps investors manage risks and capitalize on market conditions effectively.

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