Where is the current bull market going?
Bull market first stage: a few people in the circle are bullish.
Bull market second stage: most people in the circle are bullish.
Bull market third stage: both inside and outside the circle are bullish.
I judge that the market is currently in the second stage of the bull market.
The first stage is over, and the first stage started from the lowest point of $15,400 (i.e. the starting point). A few people in the circle are optimistic, and most people in the circle suspect that the bear market is not over yet, and the first stage also fluctuated and rose in suspicion.
In the second stage of the movement, the second stage started from breaking through $32,000. Most people in the circle can see that the top and bottom are getting higher and higher, and those who miss out also want to wait for a big drop and callback to get on the train. In the second stage, funds in the circle work together to rise.
The third stage is still far away, and the third stage starts with constantly refreshing the historical highest price. People outside the circle are attracted by a large number of news about getting rich quickly, or by friends around them who suddenly get rich, and are launched by people inside and outside the circle.
Each stage takes time, after all, trends are not formed in one day.
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