Each round of the bull market often has some common characteristics:
Early bull market: Bitcoin (BTC) leads with a slow rise, standing out and driving Ethereum (ETH) upward in sync. During this phase, quality mainstream coins start to follow, while other coins rise slowly, with only a few altcoins performing exceptionally, such as meme, AI sectors, and Solana (SOL) ecosystem in this round of the bull market. However, most altcoins perform mediocrely during this stage, with little to no volatility.
Mid bull market: Bitcoin and Ethereum experience oscillating rises, mainstream coins gradually enter a power-up phase, and the overall increase is significant. Meanwhile, a large number of altcoins begin to gradually activate, showing broader market activity.
Late bull market: Bitcoin enters a phase of oscillating decline, while Ethereum, as the leading altcoin, may continue to surge. Mainstream coins reach their peaks one after another, and the popular altcoins of the second round bull market soar several times or even tens of times, forming the final frenzy phase.
Currently, the market is clearly in a transition from the first phase to the second phase. At this time, many valuable coins in people's hands may not outperform BTC or ETH, let alone surpass the gains of hot coins like Dogecoin and Frog Coin, with even the chance of doubling being rare. This stage can easily lead to anxiety, frequent chasing highs and cutting losses or changing positions, ultimately missing the main upward trend. Experiencing a bull market without making a profit or even suffering losses is a common result of this mindset.
In fact, this phenomenon occurs in every round of the bull market. Therefore, it is crucial to maintain your judgment, select valuable targets, and hold patiently, rather than blindly changing positions. Market rotation will always come, and each target has its timing to perform. Persistence in holding is the key to achieving the expected returns in a bull market.
3 hot altcoins to enter after the big bull market starts!
PEPE
PEPE has performed outstandingly recently, especially on November 14, when it reached an all-time high of $0.00002524, but then fell back to $0.00002026, down 5.87% in the past 24 hours. The token has broken through the crossing of the 50-day and 200-day moving averages, which is generally considered a potential bullish signal.
In the past month, PEPE's price has increased 15 times, with half of that time showing a steady rise. The greed and fear index is currently at a very high level of greed, scoring 94, reflecting positive market sentiment. However, the 14-day relative strength index (RSI) is at 42.74, indicating that PEPE's price is neither overbought nor oversold, and may enter a consolidation phase in the short term.
RAY
Raydium is a decentralized automated market maker (AMM) and liquidity provider based on the Solana blockchain, dedicated to providing fast and low-cost trading. The platform was recently listed on the well-known South Korean cryptocurrency exchange Bithumb, driving its price up by 10%. Currently, Raydium's price is $5.90, with an intraday increase of 6.04%.
In the past 24 hours, Raydium's price has fluctuated between $5.73 and $6.49, with a trading volume of $214 million and a market capitalization of $1.7 billion. Additionally, Raydium's price is far above the 200-day simple moving average of $0.296, with a price deviation of 1,961.27%, indicating strong upward momentum.
AAVE
Aave is currently considering integration with the Bitcoin layer two network Spiderchain developed by Botanix Labs. The goal of this proposal is to connect Ethereum's DeFi ecosystem with the Bitcoin network, providing users from both communities the opportunity to participate in new financial activities.
Spiderchain focuses on attracting Bitcoin investors, especially those who are new to on-chain trading. By integrating Aave's lending and liquidity services, Bitcoin holders can access decentralized financial tools without leaving their native ecosystem. This move is expected to bridge liquidity from Ethereum to Bitcoin, promoting interaction between the two networks.