Characteristics of Each Phase of the Bull Market and Investment Mindset Recommendations

Every bull market has common characteristics:

1. Early Bull Market: Bitcoin (BTC) begins to rise slowly, driving Ethereum (ETH) up, with some quality mainstream coins following suit, while most altcoins respond sluggishly, except for a few standout meme and AI-related altcoins.

2. Mid Bull Market: BTC and ETH fluctuate upwards, mainstream coins gain momentum, and a large number of altcoins gradually start to rally.

3. Late Bull Market: BTC fluctuates downwards, while ETH continues to surge as the leading altcoin, mainstream coins reach their peaks in succession, and some standout altcoins can soar several times or even tens or hundreds of times.

The current market is in the first phase of a bull market, and many investors holding valuable coins are underperforming compared to BTC, ETH, as well as Dogecoin, Shiba Inu, BNB, etc. Some have even doubled, causing anxiety, leading to chasing highs and lows, frequent portfolio changes, and ultimately losses in the bull market.

It is important to clarify that this situation is normal; every bull market is like this. Investors should choose their targets wisely and hold them for the long term, as the market rotates, and every coin has an opportunity to perform.