Rising to the point of disbelief
Although prices have risen a lot, many people still dare not fully believe that the market will continue to rise. Most people are still on the sidelines, and even doubt whether the market can continue to rise, thinking that prices may fall back or collapse.
However, from a historical perspective, this is often the beginning of a bull market, because the market has slowly broken through the psychological barriers of doubters, and more people have begun to participate, pushing the market further up