Several stages that a bull market must go through!
First, funds are like water flow. The first one must rush to Bitcoin, pushing the price of Bitcoin to a new high. At this time, the market is like a small flame that has been ignited, and the mood begins to slowly heat up.
Then, funds will flow to high-quality large-cap projects such as the second concubine (Ethereum) and the third Solana. After this wave of operations, the market's bullish sentiment is like adding a piece of firewood, burning more vigorously, and everyone is more certain that the bull market is coming!
Then, funds will run to those strong altcoins, such as WIF BONK SUI, Doggo, etc. After that, it is the small and medium-cap altcoins, such as shib and pepe.
At this time, the entire market is like boiling water, entering a state of full frenzy. It is really crazy. As long as you come in, you can make money. What technical aspects and fundamentals are all useless, and all indicators are invalid!
Finally, there will be a signal of a bull turning into a bear, and prices will begin to consolidate at a high level. The liquidity of the market is like being drawn away, getting lower and lower.
In addition, the rapid doubling of those altcoins attracted many small retail investors who had just entered. As a result, these small retail investors were trapped at the top of the mountain! Therefore, if everyone can see clearly which stage they are in, they will know what to do next!
