Eight stages of bull to bear. Don't believe this, think for yourself.

The first stage: the incubation period, the early stage of the rise. Upper level investors enter the master.
The second stage: the detection period, a slow rise. Upper-middle-class investors enter.
The third stage: the following period, accelerating the rise. Middle-level investors enter. Funds enter the market, and strategic funds are co-frequency.
The fourth stage: the frenzied period, a rapid rise. Retail leek investors entered. Emotional co-frequency. The last stage of the bull market.
Summary of the four phases, slow, accelerated, and extremely fast. The market has developed from a slow recovery in the early stage to a frenzied rush in the later stage. The frenzy period is followed by a top, followed by a fall.
The fifth stage: the breakout period, the beginning of the decline. The psychological struggle begins.
The sixth stage: the period of annihilation, falling to the bottom. Panic selling.
The seventh stage: light period, sideways, range-bound shock.
Stage 8: The combination of stages 1 and 7. Enter the next bull-bear cycle cycle.
This phase coincides with the early stage of the bull market, and is the best stage to absorb chips, at which time far-sighted and rational investors will buy low-priced, high-quality coins and hold on to them.
Bull-bear transition, emotional change process: wait-and-see, timidity, excitement, fantasy, doubt, panic, disappointment, despair, disappointment, disappointment, flatness.
The bull market comes in despair, unfolds in doubt, soars in hesitation, and ends in frenzy!
The cycle is born in fear, grows in half-belief, completes in longing, and destroys in cheer