Has the raging bull market you anticipated really arrived?

Many people believe that a bull market means all cryptocurrencies continuously rise without any pullbacks, but such an understanding is overly simplistic.

Looking back at the rhythms of past bull markets, the following patterns can be summarized:

1. Early Stage: The market is led by Bitcoin.

2. Mid Stage: Bitcoin continues to dominate, followed closely by Ethereum and some altcoins, with strong sectors and hot projects standing out.

3. Late Stage: After Bitcoin reaches its peak, it enters a wide range of fluctuations, with Ethereum taking over and driving altcoins to complete the final surge.

Therefore, the rhythm of a bull market is not fixed; it goes through different stages, showcasing unique market characteristics.