The bull market generally goes through several stages:

1. Bitcoin dominance: In the early stage of the bull market, Bitcoin's market dominance will rise, attracting capital inflows, making BTC and Bitcoin ecological projects continue to be strong.

2. Ethereum relay: Subsequently, Ethereum began to take over, and along with Ethereum's hot concepts such as AI, Web3, Layer2, chain games, metaverse, new public chains, etc., related altcoins will also follow the rise.

3. Full outbreak: In the middle of the bull market, market sentiment reaches a climax, almost all currencies are rising, and investors may experience the joy of doubling their assets overnight. This period is also the performance season for MEME coins and various new projects, and the market is full of speculation and FOMO emotions.

4. Bubble burst: In the late stage of the bull market, the market began to show signs of a full-line collapse, both mainstream currencies and altcoins may experience a sharp retracement, many projects may return to zero, and the market will enter a bear market.

#BTC #ETH🔥🔥🔥🔥🔥🔥