In short, I will summarize the behavior of traders during the market cycle.
It is well known in the behavior and psychology of traders and investors that after facing the bull market and denying the rise and not recognizing the upward trend that started from November 2022 until now,
The majority have now abandoned caution and doubt and surrendered to the reality.
They are now going with the momentum and trend and trying to make up for what they missed in terms of the rise, while recognizing the bull run. This scene is usually considered the last stage of the bull market.
Therefore, in the next wave, they will not get out of it because they will not achieve much.
But on the other hand, this same wave will satisfy those who believed in the market at the bottom and stuck to their goals, simply because their entry areas are different.
• I come from the future and I tell you that the same behavior and psychology will be repeated with the beginning of the trend reversal. They will fight any voice that says the trend has reversed, and they will not recognize the bear market until the last quarter of it, after the market has fallen by at least 70%.
Thus, this behavior is repeated in every cycle, and will continue in the coming cycles, God willing.