This article has been translated from English to Gen Z Slang.
A Bear 🐻 in the crypto world is basically your homie who thinks that the price of Bitcoin or whatever coin you're hyped about is gonna totally nosedive for a while. 😬
So if someone’s on that vibe, they're rocking a “bearish” mood, meaning they’re kinda skeptical about where the market’s headed next. 🤔
“Bears” and “Bulls” are terms that were straight up low-key stolen from Wall Street and stock trading, like copy-paste style. 📈➡️📉
In the real-world animal kingdom, bears throw their claws downward when they’re in attack mode, like “bye, Felicia” to their prey. ✋
Bulls, meanwhile, are out there flipping their horns upwards, like “what’s up, danger?” 🐂👆
These two animals have basically become the mascots for the two main crypto squads duking it out every day. 🥊
The squad of buyers (bulls) in the game are always hoping to outnumber the sellers (bears) to totally flex on the market at any moment. 💪