Six stages of the bull market
1. The first stage - do not believe that it will rise
The market is generally skeptical, and investors have no hope for the rise.
2. The second stage - believe that it will fall
Investors believe that prices still have room to fall and doubt the sustainability of the rebound.
3. The third stage - rise to disbelief
Prices continue to rise, investors are surprised, but still do not fully trust this rise.
4. The fourth stage - rise to believe
More and more investors begin to believe in the arrival of the bull market, and the mood is gradually rising.
5. The fifth stage - do not rise but believe
Although the market has not risen significantly, investors still believe that the bull market will continue.
6. The sixth stage - do not believe that it will not rise
Market sentiment turns negative. Although prices have not risen, investors still do not believe that the bull market has ended and look forward to another rise.
What do you think of the current market stage? Welcome to share your views in the comment area!
I think it has reached the second stage😄
