Bull market:
The bulls charge forward when they attack, pinning their target firmly with their horns and throwing them high, similar to a rising market.
In such a market, stock prices show a long-term trend of rising. At the same time, for a longer period, the rise is larger, and the fall is smaller.
Bear market:
Bears attack by slapping their PAWS from top to bottom, or by leaning over and ramming opponents, similar to what happens when markets fall.
In such a market, stock prices show a long-term downward trend, and the duration is longer, the decline is larger, and the rise is smaller.
Strictly speaking, there is no clear distinction between bull and bear market indicators, generally as a description of the market trend of the concept.
Some research institutions define a market downturn of more than 20% from its previous high as a bear market (also known as a technical bear market) and a market upturn of more than 20% from its previous low as a bull market (also known as a technical bull market) in order to facilitate the statistical analysis of market data. A market decline of more than 10% but less than 20% from its previous high is referred to as a bull market correction.
Here is an example:
In the past 40 years, the S&P 500 has had four bear markets, 14 bull market corrections, and six bull markets. The most recent bull market is from March 2020 to January 2022 (S&P 500 range up about 79%).
Because bull market and bear market are common words in the stock market, you see them frequently, whether in stock trading software or the news media.