# Bull and Bear Market

*Markets & Instruments — Finicade finance glossary*

A bull market is a sustained rise in prices and optimism; a bear market a sustained fall, conventionally 20%+ off the peak. The names stick because they capture the mood that drives the moves.

**Also known as:** bull market, bear market

**Related terms:** [Business Cycle](https://finicade.com/glossary/business-cycle), [Volatility](https://finicade.com/glossary/volatility), [Drawdown](https://finicade.com/glossary/drawdown)

Source: https://finicade.com/glossary/bull-and-bear-market