#加密市场狂欢 Bull markets generally go through several stages:

1. BTC dominance rises, altcoins suffer, BTC remains strong.

2. ETH takes over and soars, popular altcoins rise alongside Ethereum, such as L2, blockchain games, metaverse projects, new public chains, and other sectors.

3. All coins rise, a scenario where assets double overnight, MEME performance season, low-quality coins everywhere, various altcoins, scam coins, and tokens making you question your life choices. Various wealth myths, more numerous than ads, FOMO reaches its peak.

4. A complete collapse, major cryptocurrencies experience significant pullbacks, altcoins plummet.