Bull market cycle, sector rotation
1. In each market cycle, Bitcoin always rises first and dominates the entire bull market, while most altcoins are in a downturn. In the bull market cycle, Shanhan Coin has 3/4 bear markets and only 1/4 main rising waves.
2. This is because in the early stage of the bull market, investors are more inclined to invest in Bitcoin with lower risks, and in the middle of the bull market, after Bitcoin has obtained sufficient returns, funds begin to flow to undervalued altcoins.
3. When Bitcoin consolidates, altcoins will usher in the main rising wave, attracting a large amount of off-market funds to enter the market, including the last batch of investors. Finally, when even junk coins are soaring, the bull market is nearing its end.
4. Even if there is no off-market capital entering the market, Bitcoin funds will naturally flow to altcoins, driving a wave of pull-ups for altcoins! $BTC $ETH $USDC