The altcoin market rotates with the fluctuation tide of Bitcoin. Here you need to understand what it means to rotate with the tide.
The first wave: leading Bitcoin or synchronizing with Bitcoin. Representing SOL memecoin, etc., which are strong in themselves and are the mainstream narrative of this round of bull market, and have always been favored by funds;
The second wave: large-cap altcoins that follow the starting point of Bitcoin, have a larger increase relative to Bitcoin. Representing DOGE $XRP $ADA, etc., driven by emotions and events, they are the vanguards that beat the market value of BTCD, and some medium-cap altcoins follow;
The third wave: ETH, the perennial runner-up, and its younger brothers behind him. The altcoin leader ETH began to rotate, driving the ETH ecosystem, and L2 currencies began to charge; the strong currencies in front began to consolidate; it means that after the emotional trading has calmed down a little, the market began to really rotate, which is currently underway...
The strong consolidation of Bitcoin is an opportunity for the altcoin market, so is the next wave a new narrative or a reincarnation?