Definition ∞ Bull score zero signifies an absence of positive market indicators for a particular asset or market segment. This term is used in technical or fundamental analysis to denote a situation where all evaluated bullish signals are non-existent or have turned negative. It suggests a complete lack of upward momentum or supporting factors that would typically indicate a price increase. Such a score often points to a highly unfavorable market outlook, potentially preceding further price declines.
Context ∞ When an asset registers a bull score zero, market participants typically interpret this as a strong signal for caution or a potential short position. It reflects a consensus among analytical models that no immediate catalysts for price appreciation are present. This condition often arises during prolonged market downturns or when specific asset fundamentals severely weaken, leading to widespread investor pessimism.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
