๐ โBull Runโ is simply a term used to refer to a bull market, and it has nothing to do with rockets or crazy spikes that some people think will happen suddenly and continuously.
๐ How do the markets move?
Financial markets, whether stocks, cryptocurrencies, or commodities, always move in three types of waves : -
1๏ธโฃ Bullish waves: This is the period during which the price rises gradually or strongly, and is usually called โBull Runโ.
2๏ธโฃ Corrective waves: These are periods in which the price declines to correct previous gains, and this is normal and healthy.
3๏ธโฃ Bearish waves: These are periods in which prices decrease significantly.
โ ๏ธ What does that mean?
โข A bull market is not a straight line upward, but rather a combination of a rise, a correction, and then a continuation of the rise.
โข Corrections are not evidence of the end of a bull market, but rather a natural part of the market cycle
๐ Awareness is the key to success:
โข Do not expect โrocketsโ or continuous non-stop spikes.
โข True success in the markets lies in understanding the movement of waves and determining the general trend.
โข Be prepared for both upside and correction, and manage your risks wisely
๐Conclusion :
Markets are not an arena for rosy dreams or constant skyrocketing. It is a dynamic environment that moves in cycles and waves, and awareness of this will make you a smarter and more professional investor!