Recently, I've been thinking about the development of this bull market, especially the trends of Bitcoin and altcoins.

2025 will not repeat 2021; many people use 2021 as a reference, but 2021 itself was also different from 2017, more similar to 2013, even though the second wave of the market developed somewhat abnormally.

2025 may replicate the trend of 2017, which did not have a clear two-phase market, but it will not be exactly the same.

From the trends of altcoins in the past two months, they are no longer following Bitcoin as they did in 2021, especially after January 12, when altcoins began to follow Ethereum. Although the thriving ecosystem of Ethereum has led most altcoins to follow its trend, some altcoins also have their own independent rhythm.

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