The bull market is generally divided into the following stages:

1. BTC dominance rises, altcoins suffer, and BTC remains strong.

2. ETH takes over and surges, with popular altcoins rising alongside Ethereum, such as L2, blockchain games, metaverse+, and new public chains gaining momentum.

3. All coins rise, a dream scenario where assets double, MEME coins go wild, shitcoins, altcoins, and scam coins are everywhere, FOMO reaches its peak, and various wealth myths emerge.

4. A complete collapse, major coins undergo significant pullbacks, and altcoins plummet.