This chart shows the classic market psychology cycle during a bull run, applied to 2025. It tracks investor emotions as prices rise and fall. We’re currently in the Optimism stage — confidence is building, people believe “this rally is real,” and buying pressure grows. Next comes Belief, Thrill, and Euphoria, where greed peaks and risk is ignored. But after the top, emotions shift to Complacency, Anxiety, and Panic as prices drop, leading to Capitulation and Depression. Understanding this cycle can help traders on Binance avoid emotional mistakes, spot market tops, and prepare for the next big opportunity.
