Look, the real altcoin bull market is about to unfold. From the overall trend of BTC, this wave of decline is partly due to players who made a lot of profit recently taking profits; on the other hand, it seems that institutions are 'suppressing' the price behind the scenes, after all, BTC has surged to six figures, and they need to let newcomers buy in without feeling too much pain.

Currently, funds are slowly flowing out of Bitcoin. Does this pattern seem familiar? Veteran investors are probably well aware that after Bitcoin surges, funds start to overflow into altcoins. At this point, Bitcoin enters a consolidation phase, stabilizing the situation and providing a 'stage' for altcoins. Once the market capitalization of altcoins rises to a certain scale, the first phase of the bull market is pretty much coming to an end. After resting for a couple of months, the second phase of the bull market will ring the bell for its opening.

To be honest, the underlying logic of bull market development hasn't changed much over the years; what changes are just the hot topics in vogue.

Also, everyone, please don’t scare yourselves. The recent sharp decline in altcoins is just a regular 'plot' in the bull market script, especially in the early stages. Regardless of whether they have surged two to three times or more before, as long as the major altcoin market has not officially started, they all need to return to the starting point and 'calm down.' Now is precisely such a moment.

Now, looking at the current cryptocurrency market, the pie is getting bigger and the incoming funds are like a flood that has broken the dam. In this round of the bull market, any altcoin with a bit of fame will have a market cap of at least 1 billion; for those super popular ones, reaching the 10 billion mark is also not impossible. Take the Musk-themed Doge PP as an example; with the strongest concept on the Ethereum chain, it might just become the next Shiba and soar to the sky one day.