How is the altcoin season formed?

The altcoin season is usually related to the market performance of Bitcoin.

When the price of Bitcoin rises to a high level, investor enthusiasm wanes, funds flow out of Bitcoin and into mainstream coins like Ethereum, driving their prices up.

As the prices of mainstream coins reach a peak, funds further flow into smaller market cap altcoins, where a small amount of capital can significantly drive up altcoin prices.

Eventually, when Bitcoin's market cap approaches half of its bull market peak, market sentiment weakens, entering a bear market, and the price of Bitcoin corrects by about 70%.

At the bottom of the bear market, major players start accumulating, and after the accumulation is complete, prices rise, initiating a new bull market.

This process demonstrates the cyclicality of the crypto market#山寨季何时到来？