The bull market will roughly go through the following stages:
1. BTC dominance rises, altcoins suffer, BTC remains strong.
2. ETH takes over and soars, hot altcoins rise alongside Ethereum, such as L2, blockchain games, metaverse+, new public chains, and other sectors.
3. All coins rise, a scenario where assets double after a nap, MEME performance season, countless low-quality coins, various altcoins, shitcoins, and air coins rise to make you question life. Various wealth myths, more than small advertisements, FOMO reaches its peak.
4. A total crash, mainstream coins significantly retrace, altcoins plummet.