Bullish

Definition ∞ A ‘bullish’ market sentiment indicates an expectation of rising prices for a digital asset or the broader cryptocurrency market. This outlook is driven by factors such as positive news, technological advancements, or increased adoption rates. Traders and analysts adopt a bullish stance when they anticipate upward price movements, influencing their investment decisions and market commentary.
Context ∞ Current discussions surrounding ‘bullish’ sentiment often analyze the impact of macroeconomic shifts, regulatory pronouncements, and protocol upgrades on asset valuations. Observers are attentive to on-chain metrics and futures market data that may signal a sustained upward trend or potential reversals. The prevalence of bullish sentiment can significantly affect trading volumes and the perceived value of digital assets.