Sellers are rapidly exhausting, and the crucial "second" seller exhaustion is about to appear! Many people are buying, but that doesn’t necessarily mean the price will rise—we must also pay close attention to how many are preparing to sell and how strong seller momentum still is, or whether it’s gradually fading. In the chart below, points 1 and 2 mark the seller exhaustion phases during the early stages and the official launch of the previous two bull markets. We can clearly see that seller exhaustion typically occurs in two stages. First, after the initial seller exhaustion appears, the price may continue to decline or enter a period of consolidation. But when the second exhaustion signal emerges, it often marks a pivotal moment when the true rally begins! We are now entering this second stage. What makes this cycle unique is that during the first stage, price already surged decisively above key levels—unlike past cycles, where consolidation typically lasted until the second stage fully ignited. This cycle is different in many ways. Perhaps the remaining time at the start of this bull market is shorter than we imagine. Stay disciplined. You’ve already secured a strong start—don’t waste it. Everything is only just beginning...