Has the bull market you have been expecting really arrived?
Many people think that a bull market means all cryptocurrencies continue to rise without any pullbacks, but such an understanding is too simplistic.
Looking back at the rhythms of past bull markets, the following patterns can be summarized:
1. Early stage: The market is led by Bitcoin.
2. Mid stage: Bitcoin continues to dominate, followed closely by Ethereum and some altcoins, with strong sectors and hot projects performing particularly well.
3. Late stage: After Bitcoin peaks, it enters a broad consolidation, while Ethereum takes over and drives altcoins to complete the final surge.
Therefore, the rhythm of a bull market is not fixed but goes through different stages, showcasing unique market characteristics.