Four stages of the market, which stage do you think we are in now?
Four stages — Rebirth, Excitement, Euphoria, and Crash;
Stage 1: Bear market fatigue, market rebound, most people are unaware
Stage 2: Market warms up, generally still skeptical of an impending crazy market
Stage 3: Prices continue to rise, emotions are high, players have not yet flooded in
Stage 4: Market explodes, players and speculative funds rush in, bubbles begin to form.
These four stages correspond to six types of emotions —
First stage: Disbelief in rising.
Second stage: Belief in recovery.
Third stage: Rise to disbelief.
Fourth stage: Rise to belief.
Fifth stage: No rise, no belief.
Sixth stage: Disbelief in falling.
In summary, it arrives in despair, unfolds in doubt, erupts in hesitation, and ends in frenzy!
Look at the positions you hold, ask yourself which stage you are in now?
