Definition ∞ The bull market floor is the lowest price level an asset reaches during an upward market trend. This term describes a significant support level that is expected to hold during a sustained period of rising asset prices. It prevents further substantial declines by indicating a price point where buying interest is strong enough to absorb selling pressure. This maintains the overall positive market trajectory.
Context ∞ Identifying the bull market floor is a key analytical objective for market participants seeking to gauge the strength and durability of an upward trend in digital assets. News often references these levels as indicators of market health and investor confidence. This is particularly relevant after price corrections within a broader expansionary phase.
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