Currently, the market has entered a stage of rotation among the leading altcoins, which can be seen as the beginning of the altcoin season. In every bull market, we observe the following stages:

The first stage sees a massive influx of funds into Bitcoin, marking the initial phase of the bull market, where Ethereum and altcoins always lag behind Bitcoin.

The second stage occurs when Bitcoin reaches a relative high point, and its market share approaches a strong resistance level that may act as a potential peak, after which Ethereum leads the mainstream coins in a counterattack.

The third stage sees the leading altcoins in various sectors start to rally.

The fourth stage is characterized by rampant altcoin trading, with coins often doubling or tripling in value daily. People's trading sentiment reaches a climax, followed by a panic that signals the end of the bull market.