The last round was DeFi that made many people rich, then in November 2020, BTC began to surge and siphon off market funds, and by the end of December, ETH and other altcoins started to rise across the board, and this wave of market activity continued until April 2021. BTC's initiation usually happens slightly earlier than other cryptocurrencies.
This round has seen meme coins bringing a wave of wealth, followed by BTC's surge this month. It is expected that by the end of December, ETH and other altcoins will also fully launch, continuing to rise until the second quarter of 2025.
This has nothing to do with the narratives of BTC or SOL, nor is it because the teams behind SUI and SOL are particularly diligent, and it certainly doesn't mean that the ETH sector is failing. The real reason is quite simple: the time has not yet come. When the time is right, the coins that should rise will rise. In this circle, there is no real narrative, nor is there any practical application. The only "application" is the price fluctuations that stimulate your mentality, using "physical therapy" to cure your obsessions.
Each round of the market is actually quite similar, just changing the soup but not the medicine.