All financial bubbles are the same, they all start with a bulge, gradually increasing in value as early investors enter the market. This stage of bubble development is stable and receives little attention.
As more investors become aware of the bubble, the push from the media and the excitement of new investors causes the bubble to expand rapidly. Investor greed is pushed to its peak. During this period, investors' psychology is very excited and delusional about the future of stocks or coins, believing that they will never collapse.
Finally, there is the collapse phase, the bubble bursts, the price of stocks or coins drops sharply, and panic and fear appear. And at a time when no one thought recovery was possible, a new cycle began
