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Bear markets can produce new lows after rallies, Caleb Franzen notes
Caleb Franzen discusses the ongoing nature of the current bear market, emphasizing that rallies within a bear market do not necessarily indicate its end. According to Franzen, such rallies are typical in downtrends, which often result in new lows.
He explains that the behavior reflects the definition of a downtrend, urging observers not to assume the bear market is over.
Franzen previously noted that Bitcoin jumped 30 percent at the start of the Russia-Ukraine War, before falling 68 percent in the following months, highlighting the coin's war-driven volatility. In another recent post, he observed the U.S. Dollar Index move above its 200-day average. These observations add context to his ongoing commentary on market price behavior.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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