Stage One: Rebirth (January 2023 - January 2024) During this stage, the fatigue of the bear market looms over the entire cryptocurrency industry. A cold atmosphere pervades the market, with the previous bear market collapse still the focus of attention for investors and the media, and layoffs continue. However, in this seemingly bleak environment, prices quietly begin to rise, with Bitcoin prices tripling. But most investors, having been in a losing position from previous investments, hardly notice this change. Only those seasoned cryptocurrency investors who have experienced more than two cycles, with their keen market insight, realize that the bull market has quietly begun, while for most, they still do not believe the bull market has started, remaining immersed in the shadow of the bear market.
Stage Two: Excitement (February 2024 - Early November) Starting from February 2024, the market enters the excitement stage. The prices of some coins are approaching historical highs, and market stories begin to return, but only a few each quarter. Within the cryptocurrency field, everyone clearly knows that the bull market has arrived, yet strangely, friends outside the industry do not pay much attention to it. Layoffs have basically ended, but hiring has not yet restarted on a large scale, leaving the entire industry in a relatively closed state. Investors are in a complex emotional state of both excitement and anxiety, thrilled by the market's rise but worried that it may just be a temporary rebound. Overall, however, life is relatively good for investors in this stage, with cryptocurrency investors starting to profit. It's like the calm before the storm, as the market is brewing for a bigger change.
Stage Two: Euphoria (Starting after the November 5th Presidential Election) Currently, we are in the euphoria stage. This stage officially began after the November 5th Presidential Election, marking a delightful time. Almost every investor is making money, but speculators have not yet flooded the market. The prices of the assets owned by investors continue to rise, many surpassing historical highs. In the past, new market stories would appear only a few times each quarter, but now new stories emerge every week.
Stage Four: In the end, new stories emerge almost every day. At this stage, the market exhibits extreme optimism, where every new idea is seen as a 'good' idea, and every person with followers is considered a genius, each having their own insights into the new market stories. There will always be someone making money on this week's popular coins and will boast about it without reservation. This easily triggers 'fear of missing out' (FOMO) in other investors, making them feel frustrated when they see others making money while they miss opportunities.
At this stage, new market stories continuously give rise to new coins, with prices increasing every day, making it difficult for investors to own all the rising coins. This leads to feelings of regret and frustration, as even if the coins they invested in this week have seen good gains, once they hear about other popular new coins experiencing even more explosive growth, they can't help but feel they've missed out on excellent opportunities to significantly increase their wealth.
I am preparing for the launch of the god-level order that will begin soon!!!
Comment 168, get on board!!!
Impermanence brings impermanence brings impermanence!!!
Important things are said three times!!!
