The end of a bull market or the start of one depends on the perspective from which you judge it.

From a macro perspective, it is the starting point; from a mid-level perspective, it is the end of the bull market; from a micro perspective, it is still the starting point.

Before believing in a particular judgment, it is best to ensure that you have fully understood the logic behind that judgment.

In reality, two opposing viewpoints can simultaneously be correct, and they are merely two sides of the same truth.