Why am I so sure about the arrival of the bull market?
I have experienced the complete bull-bear cycle, and I am well aware of the market pulse. I am convinced that we are in a mid-term bull market. The frenzy of the Spring Festival is short-lived, and March and April frustrated market newcomers. For those who are new to the market, I hope they will not get lost in the bull market.
I think now is the beginning of a mid-term bull market for several reasons:
The ETF trend has just started and has not reached its climax;
Many countries have legalized it; the US election is imminent, the Federal Reserve will stimulate the economy, and the hidden money printing press will boost the bull market.
Cryptocurrency is different from US stocks, but ETFs are attracting a lot of money. Despite market fluctuations, the long-term trend remains stable. The RMB has depreciated against the US dollar, but it is still strong.
The catalysts for the bull market include: the popularity of ETFs, global regulatory promotion, the US election, capital flows, chart outlook and the firmness of the US dollar. What I value most is the upcoming US election.
In a bull market, it is crucial to grasp the rhythm. You need to grasp the timing, understand the value and make a personal portfolio plan. We need to be alert to this round of market trends and not blindly follow the trend. We need to proceed steadily.