What does the technology bear market mean?
A technical bear market refers to a technical bear market. Generally speaking, stocks that fall by 20% are called technical bear markets. Some investors think that stocks fall below the 60-day moving average or 120 moving average, and the moving average is a technology bear market (there is no strict standard), and vice versa. Technology bear market refers to the characteristics of bear market in technical indicators, which refers to the short-term decline of stocks, low market enthusiasm and participation, and poor profit-making effect.
The characteristic of technology bear market is the limit of decline, which can be measured by numerical value, compared with ordinary bear market. In the technology bear market, the atmosphere of doing more in the market began to relax. Once there is bad news, it will directly lead to a sharp drop in the market and a smaller and smaller rebound. After that, it will become more difficult for the stock market to make profits.