Bull Market Phase 1 #CPI数据来袭
Retail investors do not believe in a bull market and short when prices rise. In this phase, the rally is primarily driven by institutional funds, supplemented by retail short positions being liquidated as fuel for the rise.
Bull Market Phase 2 #机构疯抢以太坊
Retail investors are finally convinced by the rise and begin to tentatively enter the market. At this point, the market continues to rise, and retail investors start to increase their investments. In this phase, the rally is primarily driven by institutional funds, supplemented by retail long positions contributing to the rise.
Bull Market Phase 3 #BTC再创新高
Retail investors have all made money and start to FOMO, believing that even greater increases are still ahead. They begin to gather friends and go all-in. This is the perfect time for institutions to offload and take profits, as the massive selling requires a large amount of capital to absorb. Thus, the bull market comes to an end.
$TRX