A "bearish pattern" refers to a chart formation in financial markets that indicates a potential decline in the price of an asset, such as stocks or cryptocurrencies. Traders and investors often look for these patterns to anticipate downward trends, which can help them make informed decisions about selling or shorting an asset. Common examples of bearish patterns include the head and shoulders and double top formations. These patterns suggest that buying pressure is weakening, and sellers may take control, leading to a decrease in prices. Recognizing these patterns can be crucial for effective trading strategies.