Here's something that completely shifted how I look at markets: forget whether we're in a bull run or bear territory for a second. What actually matters? Your purchasing power.

Once you frame everything around what your assets can actually buy, the whole bull versus bear debate becomes way more fluid. You're no longer locked into one emotional camp or the other. Instead, you're evaluating real value—what can I acquire with this? What's my actual buying strength?

This mental shift does something interesting. It lets you pivot your position without the psychological baggage. When you're obsessed with labels like "bullish" or "bearish," you get trapped in confirmation bias. But when purchasing power is your North Star, you read the market signals differently. You adapt faster.

Think about it during high inflation periods or when certain assets suddenly gain momentum while fiat currencies weaken. The traditional bull/bear framework starts feeling inadequate. What matters isn't just whether prices go up or down—it's whether your holdings maintain or grow their real-world purchasing capacity.

So yeah, ditch the rigid market sentiment labels. Start measuring everything against actual purchasing power. You'll find yourself making sharper calls and switching stances when the data actually warrants it, not when the crowd sentiment shifts.