Bull markets are generally divided into several stages, simply put:
Quiet Rise: The market isn't really attracting attention, prices slowly creep up, and some people sneak in.
Starting to Heat Up: The increase becomes more obvious, mainstream coins lead the rally, and everyone starts to notice.
Everyone's Crazy: Everyone is buying, prices soar, even small coins take off, it feels like you can make money just by closing your eyes and buying.
Bubble Peak: Prices reach absurd levels, the market is euphoric, but it's actually getting dangerous.
Starting to Drop: Prices can't hold up, they keep falling, those who left early made money, but latecomers are trapped.
In a nutshell: A bull market is "Quiet Rise — Slowly Heating Up — Everyone's Crazy — Peak Rise — Total Drop." The key is not to chase high prices.