The current market has entered a phase of rotation among the leading altcoins, which can be seen as the beginning of the altcoin season. In every bull market, we observe several stages:
The first stage sees a massive influx of funds into Bitcoin, marking the initial start of the bull market, with Ethereum and altcoins always lagging behind Bitcoin.
The second stage occurs when Bitcoin reaches a relative high point, and its market share hits a strong resistance level that could potentially be the top, after which Ethereum leads the mainstream coins in a counterattack.
The third stage is when the leading altcoins in various sectors begin to rally.
The fourth stage witnesses altcoins starting to go wild, with coins doubling or tripling in value daily, as people's trading sentiment peaks, followed by a panic that marks the end of the bull market.