Four Phases of the Altcoin Bull Market
1.Accumulation: Following a bear market, prices bottom out and consolidate, signaling the end of the downtrend.
2. First Foot Up: Prices are starting to rise, but many retail investors miss this shift and remain on the sidelines.
3. Fluctuation: After the initial fluctuation, prices move sideways or fluctuate; This situation is usually seen after Bitcoin halving.
4. Only Up: The peak phase where big gains happen quickly, everything goes parabolic.
The first three stages may seem slow, but this is where the real profit is made. Impatient traders chasing candles often get burned.
In the final phase, crypto dominates the headlines, attracting new investors and prices reach all-time highs. Retail investors expect the rally to continue indefinitely as the smart money begins selling.
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