Has the raging bull market you were expecting 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 previous bull markets, we can summarize the following patterns:
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 fluctuation, with Ethereum taking over and driving altcoins to complete their final surge.
Therefore, the rhythm of a bull market is not fixed but goes through different stages, showcasing unique market characteristics. #GMT热度飙升 #币安Alpha公布第8批项目 $GMT