The bull market is not a quick way to get rich, but a battle of strategy and psychology. Understanding the four stages of the bull market will help you accurately capture opportunities and avoid major losses.

Initial stage: the market is quiet and prices hit the bottom.

Transition stage: prices rise slightly and the wait-and-see atmosphere is strong.

Climax stage: prices soar, and everyone joins the craze.

Ending stage: prices reach the top and a sharp drop follows.

At each stage of the bull market, patience and reason are crucial tests. Grasp the rhythm and stay calm to make steady profits in the bull market.