Typical Phenomena and Views in the Early Stage of a Bull Market

Characteristics of the Early Stage of a Bull Market:

1. Bitcoin Leading Effect: When Bitcoin surges, market funds flow towards Bitcoin, while altcoins perform weakly.

2. Bitcoin Pullback, Altcoins are Weaker: Once Bitcoin adjusts, altcoins usually plummet, increasing market risk.

3. New Concept Coins Emerge: New coins with independent logic or popular concepts may stand out.

Debate About the Peak of the Bull Market

Some believe that the bull market has peaked, even proposing the saying 'see you next year.'

I believe that a short-term pullback is normal, but asserting that the bull market has ended is too arbitrary.

The market trend is not yet fully clear, and premature conclusions are often one-sided interpretations.

If the bull market really ends, we should also accept market education, with conflicting views and price fluctuations proving right or wrong.