The cryptocurrency bull market is usually divided into four stages: come and see which stage we are in.

Accumulation Phase, Early Bull Market, Bull Market Peak, and Downturn Phase.

Accumulation Phase: In this phase, the market has experienced significant crises and panic, such as the Terra collapse, FTX collapse, and USDC de-pegging events, leading to a bottom in the cryptocurrency market. At this time, market prices fluctuate up and down, and important industry news has little impact on the overall market. There is no new liquidity injected from outside, and funds within the market are competing against each other, with various altcoin sectors experiencing capital rotation. Investors can start to allocate funds during this phase to profit in the bull market.

Early Bull Market: The market begins to warm up, and prices start to rise, but many people do not believe in the arrival of the bull market. During this phase, investors psychologically find it difficult to accept the onset of the bull market because the psychological barriers from losses during the bear market hinder their ability to profit in the bull market. If one wants to achieve excess returns in the bull market, the earlier it is before others enter, the more one should bet.

Bull Market Peak: This is the phase when retail investors from outside start to flood in, believing they are entering the market at the early stage of the bull market. As prices rise, this will trigger FOMO (fear of missing out) among investors in the market, creating a positive feedback loop that continually drives prices higher.

Downturn Phase: In this phase, the market has already reached a high level, and all cryptocurrencies are experiencing a rally, but it is close to the end of the bull market. Speculators flood in, and market sentiment is high, but soon there will be a market correction, with some leading coins continuing to rise. Ultimately, the bull market ends, and the market enters a downturn phase.

Summary: We are currently in the mid-stage of the bull market, with altcoins flying. At the end of every bull market, platform coins will surge, so when platform coins rise, be sure to sell in batches.