Changes and Scripts of Previous Bull Market Stages
Step 1:
Bitcoin rises first, attracting market attention and laying the foundation for liquidity in the entire market.
Step 2:
Ethereum follows Bitcoin's lead, showing greater gains and market heat than BTC. Funds gradually spread to second-tier mainstream coins.
Step 3:
High market cap star projects (such as SOL, DOT, AVAX, XRP, etc.) begin to take over, further enhancing overall market activity.
Step 4:
Funds spread to quality altcoins, and at this point, the market atmosphere is extremely active, with many quality altcoins experiencing a doubling trend.
Step 5:
Small market cap coins double in a day, emotions enter a crazy phase, and small market cap projects start to surge in turn, creating a strong speculative atmosphere in the market.
Step 6:
High-level consolidation, retail investors celebrate, the overall market increase has been substantial, major coins start to consolidate sideways, and retail investors flood in, with group sentiment extremely optimistic.
Step 7:
The market experiences a pullback, but retail investors are unwilling to accept it, believing it is just a normal adjustment, and recklessly take back high-level positions.
Step 8:
The market falls sharply, retail investors are deeply trapped, experiencing a round of bull and bear conversion.