Characteristics of the Altcoin Season in a Bull Market:

Phase 1

The coins that are rising are those you do not hold, even coins you have never purchased before.

Phase 2

The coins that are rising are those you have previously held but could not hold onto.

Phase 3

When you finally cannot resist and decide to switch to chase other coins, the originally strong coins start to pull back after you buy in at a high price, trapping you. Worse yet, the coins you switched to start to rise significantly after you sell them.

This "chasing highs and selling lows" scenario often occurs during the altcoin season of a bull market, reminding everyone to maintain patience and calmness, and to avoid being swayed by market emotions.

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