We all experienced a sudden rise in the whole market. is it mark of bull market ? whats your opinions ?
We must wait some other day. It can be also a bull trap!
Agree with you. A large player, or a group, organized a "pump" in order to swing the market, and get customers to believe in the beginning of a new wave of growth. This behavior of players in the classical financial market is called "bull failure" and often after it, the asset price falls to the previous levels.