"Is the Crazy Bull Market Really Here?"

Many people think that a bull market means all cryptocurrencies rise continuously without any pullbacks, but this idea is too simplistic. Looking back at previous bull market cycles, the initial phase is led by Bitcoin; in the mid-phase, Bitcoin continues to dominate, followed by Ethereum and altcoins, with strong performances from key sectors; in the later phase, after Bitcoin reaches its peak, it enters a wide range of fluctuations, while Ethereum drives the entire altcoin market for the final push. It is clear that a bull market is not a smooth journey, but has specific rhythms and phases.