How did the crazy bull market come about?
Let me explain it to you in a simple and easy-to-understand way: that is, most people would rather see themselves earn 50,000 and others earn 40,000, rather than accept that they earn 200,000 and others earn 210,000!
You are happy when you earn 50,000, and you will be happier when you earn 200,000;
But if you have a "comparison", you will find that you are very happy when you earn 50,000, but if you earn 200,000 and people around you who are not as good as you earn 210,000, you will not be so happy, and you will be a little emotional;
This is the weakness of human nature! The bull market is the process of human weakness being constantly magnified, and it will eventually reach madness. For example, everyone feels that they are better than others, others earn more than me, and have more money than me, so I will invest more funds, even borrow money, sell houses and speculate in coins!