The shanzhai season 24 years ago had several notable characteristics!
1. Once BTC rose, ETH would follow, and during ETH's rise, many shanzhai coins would follow suit. Occasionally, some shanzhai coins would lead ETH with an increase of over 10 times, but now it's clear that BTC rises and ETH does not follow, which has long been evident.
2. After the bull market began for BTC and ETH in 2021, there was a significant rotation effect in shanzhai coins, with public chains rising followed by DAOs, and DAOs rising leading to the NFT sector, etc.; in 2023, although there was no sector rotation, there were still concept sectors that rose simultaneously, such as L2, AI sectors, etc.
3. The previous shanzhai season was filled with many coins continuing an upward trend, basically with only three types of upward patterns: first, a small step-up along the moving average, making you hesitant to chase, and when you do chase, you want to take profits quickly; second, large surges and drops, rising rapidly and crashing back 30%-50% during a correction, then quickly pulling back, blowing up highly leveraged longs; third, a zigzag pattern, with continuous ups and downs.