This cycle is unusual: atypical cycle or bull market has not yet begun
This cycle is unusual in terms of the dominance of Bitcoin and altcoins. In the past, the normal sequence of the crypto market was almost always such a process:
1) Bitcoin's dominance rises during the bear market
2) and continues to rise in the early stages of the bull market
3) As the bull market matures, investors begin to allocate funds to high-risk assets ("altcoin hot season").
4) As a result, Bitcoin's dominance begins to decline.
However, this time, we have not seen this complete process so far. Since the last bear market, Bitcoin continues to dominate the market and currently accounts for 57% of the total market value of the crypto market.
We are experiencing an atypical market cycle.
The real bull market has not really started yet.
It is only a bull market for Bitcoin at present
The bull market for altcoins has to wait
This cycle should be more cautious than before when choosing altcoins. Don't be naive to think that just holding zombie coins that have no product-market fit and no organic driving force can miraculously make your portfolio multiply by 10 times.
The game is getting harder and harder. It is wiser to make a reasonable choice in time than to lie down and pretend to be dead.
