After more than three months of continuous washout, the negative sentiment in the market has reached the brink of collapse.

What are the roots of these emotions?

1. Many people hope that the bull market will be smooth and steadily rising, without fluctuations, only a scene of continuous growth.

2. There is a common fantasy that you can buy at every low point in the market and sell at every high point, and perform perfect swing operations.

3. Even in a bull market, holding assets for a long time is a challenge for many investors. For some people, even just holding assets for a day feels unbearable.

However, these phenomena reveal a market law: in a bull market, about 10-20% of people can achieve profits. These people can make profits because they can hold on to the last stage of the bull market.