The Evolution of a Bull Market
Initial Surge: Prices soar up quickly, leaving me wondering: is this bull market for real? The increase is so large that it makes me nervous, hesitant to add positions, and I can only stand by and watch.
Continued Rise: Wow, the bull market has really arrived! Prices have risen so much, and I still feel a bit anxious, so I start with a small purchase to test the waters, planning to add more after a pullback, aiming for steady gains!
Peak Stage: Add positions! Add positions! The target of 100,000 feels within reach, and I'm anxious, thinking if I don’t enter now, I might really miss out!
Technical Adjustment: The market starts to pull back, and I remind myself that this is just a short-term adjustment, don’t be afraid, continue to add positions!
Continued Decline: Oh no, why is the market continuously going down? I start to panic, frantically deciding to cut losses, afraid of losing even more.
Long-term Downtrend: I'm stuck in a position, and I can only wait for a long time. This waiting period could last up to three years, which is truly excruciating!
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