The typical characteristics of a bull market are as follows:
First 8 months: The market shows a slow fluctuation and adjustment phase, with funds gradually positioning during this period.
Last 2 months: The market experiences a rapid surge, investor sentiment rises sharply, forming the main upward wave.
Final 2 months: The market enters a crazy topping phase, with sentiment reaching its peak, but risks are also accumulating continuously.
Based on the current market situation:
Bull market start: Since October 2023, the market has entered a bull market and is currently in a mid-stage consolidation period, with the real explosion yet to come.
Explosion period forecast: Based on historical patterns, it is expected that from February to May 2024, there will be an explosion period, during which the main upward wave will complete most of the gains in just a few months.
Bull market end: The whole bull market may come to an end around July 2025, after which the market will enter a bear market.