Looking back at any bull market in the past, it is always such a simple process:

1. First: At the beginning of the surge, everyone was overwhelmed, and some bold people borrowed money to invest in stocks, hoping to get rich overnight.

2. Second: Then, the market enthusiasm was high, and news reports were overwhelming, as if everyone could become a stock god, ignoring the existence of risks.

3. Third: Investors entered the market one after another, trading volume surged, market sentiment reached a climax, and everyone felt that they had caught the tail of wealth.

4. Fourth: Then, stock prices began to fluctuate, and a small correction was seen as a good opportunity to buy. People firmly believed that the bull market would not end easily.

5. Fifth: However, the market gradually diverged, some stocks began to fall sharply, and investors began to feel pressure.

6. Sixth: Some people began to take profits, while more people chose to stick to it, looking forward to the market rising again.

7. Seventh: As regulatory policies tightened, market sentiment began to cool down and stock price fluctuations intensified.

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