Is the bull market really back? Don't rush, this might just be the "first phase"!

Many people are now starting to shout:
The bull market is returning!
But if you break down the market trend, you'll find:
✔ Sentiment is recovering
✔ Capital is flowing back in
✔ But the structure hasn't been fully confirmed
What does this resemble?
— The "testing phase" at the beginning of a bull market.
The characteristics are:
✔ Unstable upward movement
✔ Frequent pullbacks
✔ Significant divergence
This is actually the easiest phase to make money, and also the easiest to lose money.
Why?
Because the direction is right, but the rhythm is very difficult.
So the strategy is very simple:
✔ Stay out of full positions
✔ Don't chase highs
✔ Catch the pullbacks
In one sentence:
The trend may be real, but rhythm is more important than direction.
#美股创下历史新高