$SOL In a cryptocurrency bull market, altcoin season typically goes through the following four stages:

1. Bitcoin stage: Funds first flowed into Bitcoin $BTC, pushing its price to a new high, and market sentiment began to heat up.

2. High-quality large currency stage: Subsequently, funds flowed to high-quality large market capitalization currencies such as Ethereum, ETH, SOL, etc., driving their prices to rise, and the market's bullish sentiment was further confirmed.

3. Strong altcoin stage: Then, funds entered strong altcoins, such as YGG, NEAR, FTM and INJ, etc. These currencies performed well and increased significantly. Good news appears frequently, while bad news is ignored or even interpreted as good news.

4. Small and medium market capitalization altcoin stage: Finally, funds flow into small and medium market capitalization altcoins, including SHIB, DOGE, PEPE, BONK, etc. The market enters a state of full fanaticism, and you make money when you buy. The K-lines are getting bigger and bigger, and the price ignores technology. According to the basic laws of the market, all indicators are distorted, and analysts will draw even more outrageous prediction arrows.

5. Ending stage: Bitcoin consolidates at a high level, volatility decreases, some currencies begin to stagnate or have a sharp correction, while altcoins with extremely small market capitalization have rapidly doubled, attracting the attention of new retail investors. This is a signal that the bull market is about to end, but most people are still standing in the center of the stage, unwilling to accept the ending of the curtain call. $BTC

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