In crypto trading, understanding the three basic types of market trends—uptrend, downtrend, and sideways—is crucial. An uptrend occurs when prices are consistently rising, marked by higher highs and higher lows. A downtrend happens when prices are consistently falling, with lower highs and lower lows. A sideways trend, or range-bound market, occurs when the price moves within a horizontal range without a clear upward or downward direction.