Typical market rhythm of the bull market
Phase 1: Bitcoin breaks through the historical high, funds flow in in a concentrated manner, and the blood-sucking effect of Bitcoin dominating the market is obvious. Most altcoins stagnate and only a few popular altcoins perform strongly and surge.
Phase 2: Bitcoin rises and falls, market sentiment tends to be cautious, altcoins generally follow the decline, and the overall situation is a collective correction.
Phase 3: Bitcoin completes the correction and stabilizes, market risk appetite rebounds, and most altcoins begin to make up for the rise, ushering in a collective soaring market.