The phase peak is the core of this bull market
I believe the current movement is completely consistent with the previous market trend
Although it seems like a metaphor for carving a boat to catch a fish, this should just be the intention of the main players; retail investors all know this, yet they still fall for it every time.
Looking back at the previous market trend🔽
In March, Bitcoin broke its historical high
Altcoins also peaked at the same time
In April, there was a significant drop, and altcoins also fell
By the end of May, Bitcoin returned to its previous high, and altcoins resonated as well, completing the final phase peak.
Similarly, Bitcoin should return to the previous high soon, and then altcoins will peak again
What follows is a few months of adjustment cycle.