When can we consider the bull market to be over???

The bull market cycle hasn't ended. Trump was originally going to create a big wave during his term; he has the ability to do so. The decline in the first half of the year was just to collect chips cheaply. You can see his pure businessman logic from the books he wrote.

Still the same saying: Trump has the ability to accelerate the cycle, but he doesn't have the ability to change the cycle.

Each round of the cycle is the same. Without the hype of counterfeit surges to attract retail investors, and with junk counterfeits flying everywhere, the bull market will not end.

In 2017, it was all about thousand-fold coins; in 2021, it was about hundred-fold coins. In 2025, we might see quality counterfeits flipping 10 to 20 times, and junk counterfeits flipping 3 to 5 times, before we consider whether the bull market is over.

Continue to wait for the point where counterfeits are fully loaded.