The craze for altcoins often erupts after Bitcoin hits new highs. We can divide this process into three stages:
First Stage: Bitcoin Dominates
Expected Time: From Bitcoin halving in 2024 to early 2025. During this stage, Bitcoin will be the focus of the market, with funds primarily chasing 'digital gold', while altcoins remain relatively quiet.
Second Stage: Ethereum Leads the Smart Contract Wave
Expected Time: First half of 2025. At this point, institutional funds begin to shift towards smart contracts and infrastructure assets, and platforms like Ethereum will see a resurgence.
Third Stage: A Mixture of Frenzy and Panic
Expected Time: Mid to end of 2025. With a massive influx of retail investors, the market will see a variety of 'meme coins' blooming in competition, with funds flowing rapidly. During this stage, discerning real opportunities from potential traps becomes particularly crucial.
Are you ready to embrace this crazy altcoin bull market?
