#BullorBear $BTC Euphoria: This is the peak of the market cycle, where investors are feeling extremely optimistic and confident. They believe that prices will continue to rise indefinitely, and they may make risky investments based on this belief.

Complacency: As the market starts to cool off, investors may become complacent. They may believe that the bull market will continue, even if there are some minor pullbacks.

Thrill: As the market continues to rise, investors may start to feel a thrill. They may be tempted to buy more stocks on margin, or to recommend stocks to others.

Belief: As the market starts to climb again, investors may start to believe that the rally is real. They may invest more money into the market, believing that they can make significant profits.

Anxiety: As the market starts to dip, investors may start to feel anxious. They may wonder if they should sell their stocks, or if the dip is just temporary.

Denial: If the market continues to decline, investors may start to feel denial. They may believe that the market will rebound soon.

Hope: As the market starts to bottom out, investors may start to feel hope. They may believe that a recovery is possible, and they may start to buy stocks again.

Panic: If the market continues to decline, investors may start to panic. They may sell their stocks at a loss, in order to avoid losing even more money.

Capitulation: This is the bottom of the market cycle, where investors have given up hope and sold all of their stocks.

Disbelief: As the market starts to rise again, investors may feel disbelief. They may not believe that the rally is real, and they may be hesitant to invest again.

Anger: If the market continues to rise, investors who sold their stocks at a loss may start to feel angry. They may be angry at themselves for selling too early, or they may be angry at the market for going up without them.

Depression: Investors who lost a lot of money in the market crash may start to feel depression. They may feel hopeless about the future, and they may withdraw from their investments altogether.