Bull Market Characteristics:
• First 8 Months: Slow fluctuations, consolidation adjustments, gradual capital layout.
• Last 2 Months: Rapid surge, market sentiment explosion, forming the main upward wave.
• Final 2 Months: Crazy topping, sentiment reaches a peak, but risks also intensify.
Current Judgment:
• The bull market started in October 2023, currently in the mid-stage consolidation period, the real explosion has yet to come.
• According to historical rhythm, the explosion period is expected to be from February to May 2024, with the main upward wave completing most of the increase in just a few months.
• The entire bull market may end around July 2025, followed by a bear market.