The development story of the BTC bull market:
The initial surge stage of the bull market:
The market suddenly rose rapidly, and investors would think: "It has risen so sharply, is the bull market really coming? The rise is so fierce, I dare not add positions, let's wait and see."
Continuous surge period:
As prices continue to rise, investors will exclaim: "Wow, the bull market seems to be really coming. But it has risen so much, I dare not buy on a large scale, buy a little to test the water, and then add positions when it falls back."
Surge to the top stage:
Seeing the continuous surge in prices, investors can't help but: "Add positions! I feel that the price of 100,000 is not a dream, it will be too late if I don't get on the train." They may even use leverage to increase their investment.
Starting to plummet:
When prices begin to plummet, investors often comfort themselves: "This is just a technical adjustment, add positions!!" They think this is a good opportunity to buy at a low price and hope for a subsequent price rebound.
Continuous plunge period:
As the plunge continues, investors begin to panic and eventually decide to sell their stocks.
Persistent decline stage:
Those investors who fail to sell their stocks in time can only be deeply trapped, and may be trapped for up to 3 years. If you are still watching and cannot see the market trend clearly, you will only fall because of bullishness and rise because of bearishness. Come to my personal homepage to find me
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