Big V rookie comes to answer what stage the market is currently in👇👇
We should currently be at the end of stage one, beginning of stage two🔥
Stage 1: Bitcoin - Capital inflow into Bitcoin causes prices to soar, capital flows! Capital flows into Ethereum, but struggles to keep up with $BTC 's pace - Ethereum fluctuates back and forth with Bitcoin and begins to surpass it.
Stage 2: $ETH 's performance is better than Bitcoin, we hear discussions about "flipping".
Capital flow, phase overlap, capital is flowing into large-cap stocks, and we see a lot of buying happening.
Stage 3: Large-cap Ethereum performance - consistently outperforms Bitcoin, large-cap stocks are on a parabolic rise. Capital flows, regardless of market cap, some fundamentally overlapping other cryptocurrencies with strong fundamentals are experiencing an increase.
Stage 4: Off-season
Large-cap stocks have skyrocketed vertically, and we see the top being blown away. Mid-cap, small-cap, and micro-cap stocks tend to rise at the same time. Large-cap stocks have consistently outperformed Bitcoin and Ethereum. Regardless of fundamentals, every coin seems to be on a parabolic rise. Everyone is super excited, you can feel the frenzy in the air.
In a bull market, seeing a coin explode by 20%~40% in a day, and then suddenly drop by 10%~20% is all normal. If you don’t want to get lost, you can call a rookie. The rookie will give fans a perfect answer💪💪💪