In the three major bull market waves, Bitcoin and Ethereum have already experienced two waves, while altcoins have only experienced one wave, and the bull market has just begun. Each bull market has only one or two major waves, which are worth paying attention to.
In the third major bull market in 2017, Bitcoin and altcoins peaked in December, while Ethereum and altcoins peaked one month later. Many altcoins peaked in the famous 94 crash and in early September. In the fourth major bull market in 2021, Bitcoin and Ethereum both peaked in November, a small number of altcoins peaked in February, and some peaked in the May crash.
In the second major bull market in 2013, Bitcoin peaked in November. At that time, there was no Ethereum, only Bitcoin and altcoins, of which only Ripple and Litecoin survived to this day.
Regarding the mid-term correction, in the 2013 bull market, altcoins once caused an 80% crash because they were too crazy. In the bull market of 2017, Bitcoin had multiple corrections, up to 40%, and when the altcoin 94 collapsed, there was a 90% adjustment. In the second half of 2016, Ethereum had a big correction, and altcoins were even more bleak, from the high in June to the bottom in December.
In the big bull market of 2021, the correction of Bitcoin and Ethereum was not large and continuous, but altcoins experienced deep adjustments for several months. It should be noted that while Bitcoin continues to set new highs, the performance of altcoins is not optimistic. #德国政府转移比特币 #山寨季何时到来? #美国大选如何影响加密产业? #以太坊ETF批准预期