The altcoin market is rotating with the fluctuations of Bitcoin, and here you need to understand what it means to rotate with the tides.

First Wave: Leading Bitcoin or moving in sync with Bitcoin. Represented by SOL, memecoins, etc., which are strong in themselves and are the mainstream narrative of this bull market, consistently favored by capital;

Second Wave: Large-cap altcoins that follow Bitcoin's starting point and have relatively large gains compared to Bitcoin. Represented by DOGE, $XRP, $ADA, etc., driven by sentiment and events, leading the charge in diminishing BTCD's market cap, with some mid-cap altcoins following;

Third Wave: The perennial second ETH and its little brothers behind it. The altcoin leader ETH begins to rotate, driving the ETH ecosystem and L2 tokens to charge forward; previously strong coins start to consolidate; this indicates that after a slight cooling of emotional trading, the market begins true rotation, which is currently underway......

Bitcoin's strong consolidation is the opportunity for the altcoin market, so will the next wave be a new narrative or a cycle?