Trend

Definition ∞ A trend denotes a general direction in which the price of a digital asset or the broader market is moving over a specific period. Identifying trends, whether upward (bullish), downward (bearish), or sideways, is a fundamental aspect of market analysis. These patterns provide context for evaluating investment opportunities and risks.
Context ∞ Discussions about ‘trends’ in the cryptocurrency space frequently involve technical analysis of price charts, charting indicators, and volume data to discern prevailing market sentiments. Monitoring short-term and long-term trends is essential for traders and investors seeking to align their strategies with market dynamics.