Transitional Periods

Definition ∞ Transitional periods denote phases of significant change or adjustment within a system, market, or regulatory environment. These periods are characterized by uncertainty, evolving structures, and the adoption of new practices or technologies. They represent intervals between established states. Navigating them requires careful planning.
Context ∞ The digital asset market frequently experiences transitional periods driven by technological upgrades, regulatory shifts, or macroeconomic factors. News reports often analyze how these periods affect investor sentiment, market volatility, and the adoption of new blockchain innovations. Understanding these transitions is crucial for anticipating future developments in the crypto space.