Cause of how markets are often represented, as a long chart in which connected dots, that are seemingly extremely volatile, stand right next to each other as falls and rises happen all the time, people expect to know if a bear or bull market has started after just a single day. But that's literally never the case. The switching of market states is a slow process, relatively, it's not just going to be rising and than suddenly fall (unless it was pumped) or the other way around, and than suddenly we'll be in a bear market. It takes time. The graph below tells a story that has happened during ~7 years, might seems like a short amount of time on the graph itself, if there weren't exact days presented at the top.
Often times it will stagnate slowly or start gradually going in the opposite direction, seemingly shrouding it's eventual fall/rise but it's really not that easy to spot. The only certainty is that if it has been growing for a very long time, at some point, it will have a correction, but that is also impossible to spot and extremely hard to pull out of at the correct time.
A quote from me:
If it go up for long time, it go down soon.
Let's have an example. In 2018 BTC dropped from it's $19.2k ATH to $6.8k in about seven weeks. It didn't stop there however, it took another 12-13 months for it to go all the way down to $3.5k. Although there were upturns during this period where it went back to 10k and such, it still persisted for way longer and took a long time to be a properly visible market. And this is only one of many coins and tokens that have had these types of patterns present. I usually don't like to talk about this type of analytical stuff but this is quite easy and understandable hopefully.
So the moral of the story would be, always look at whatever you're investing in with care and look at it both within a recent time period and the period of time before the current market started. There are many details that can be viewed, some useful some not but I can pretty surely say that this one is a universally useful one. And never forget to find out what you're investing in before you do it!
Thanks for reading, hope you enjoyed it!
