In which stage of the market cycle are we right now?
We’re no longer in disbelief… but we’re also not at full euphoria yet.
Accumulation is behind us,smart money already positioned when fear was high.
Markup phase is underway,higher highs, strong dips getting bought, institutions stepping in.
Public attention is rising,headlines turning bullish, but retail is still cautious.
This is typically the early–to–mid bull market phase.
The phase where patience pays, trends build, and the biggest moves often happen before the crowd fully believes.
True euphoria comes later,when everyone thinks prices can only go up.
Position smart. Don’t chase. The cycle isn’t finished yet.