Overview of Bull Market Characteristics:
Bitcoin Dominance: In the early stages of a bull market, Bitcoin's dominance rises, attracting funds from altcoins and performing strongly.
Ethereum Takes Over: Ethereum rallies, driving up related altcoins as well as emerging sectors like Layer 2 scaling, blockchain games, and the metaverse.
Widespread Surge: The market enters a frenzy phase, with asset doubling becoming the norm. MEME concept coins, shitcoins, and other assets with no fundamental value see their prices skyrocket, showcasing the astonishing level of market madness.