Core Viewpoint - Bull markets typically conclude when investors are overly optimistic, believing that prices can only continue to rise [1] Group 1 - The end of bull markets is often characterized by a widespread belief among investors that price increases are guaranteed [1]

Core Insights - The article discusses the evolution of financial markets over the past 25 years, highlighting the emergence of bull and bear markets, as well as the rise of trillion-dollar companies [1] Group 1: Market Trends - The past 25 years have seen significant fluctuations in market conditions, characterized by both bull and bear markets, impacting investor sentiment and corporate valuations [1] - The emergence of technology companies has played a crucial role in shaping market dynamics, leading to the creation of the first trillion-dollar companies [1] Group 2: Company Performance - The article emphasizes the performance of major tech companies, which have driven market growth and investor interest, particularly during bull markets [1] - The rise of these companies has also influenced traditional industries, prompting shifts in investment strategies and market focus [1]

Market Sentiment - Crypto Twitter (CT) often declares "TOP IS IN!!!!" whenever Bitcoin dips 5% [1] - The market suggests that bull markets do not typically end with such minor corrections [1]