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Recently, several people have asked me whether the bull market has ended?

Is the bull still here?

First, the answer: Yes!

The bull market is still ongoing,

It must continue!

I will explain from three simple parts:

① From the "True Yin and True Yang Trading Theory" on how to determine if the bull market has ended, which is indicated by the appearance of a large-scale true Yin (weekly or higher level counts as large scale), and currently, none has appeared. The smaller scale determination of this theory is that when the daily level can perform "double add and single reduce," that is when the trend has changed, and that is when the bull market has ended; currently, this has not happened, and we must still adopt a bull market mindset.

② From the perspective of capital analysis, the capital market has many aspects, and I will look at one very simple yet practical indicator, which is that in every major bull market, the trading volume almost always exceeds that of the previous bull market; just look at the candlestick chart, several of the top ten cryptocurrencies have surpassed those of the last round (Chart 2/3).

③ From the fundamentals, industry development, and the profit effect, it is even more so; the bull market is far from over.

Moreover, the bull market that everyone talks about is an unquantifiable feeling, a feeling of a big surge, rising a lot, called a bull market, conversely is a bear market, while the definitions of bull and bear markets in the "True Yin and True Yang Trading Theory" are clearly defined and quantified.

Furthermore, the bull market has three phases: rising bull, positive bull, and late bull; currently, we are still in the positive bull phase, which has a large-scale profit effect, and many people have not yet broken even, or have just started making a profit.

Only when it reaches the late bull phase should everyone pay attention, and it won't be too late to slowly retreat then!

After the late bull, another cycle begins...