Is this bull market only for Bitcoin, and are there no bull markets for other cryptocurrencies?

This question is actually based on the first question. Since Bitcoin has not reached the peak of its bull market, it implies that there are no other cryptocurrencies without a bull market, because in the financial market, anything is possible.

The reason people think only Bitcoin has a bull market is because all cryptocurrencies surged simultaneously from 2015 to 2017. After experiencing the crash in March 2018, Bitcoin surged first, followed closely by other cryptocurrencies.

In this round, Bitcoin has risen for so long and has been fluctuating around 100,000 for so long, while other cryptocurrencies have not risen and even dropped recently, hence the “feeling” that only Bitcoin is bullish.

In investing, one cannot rely on “feelings,” because feelings are likely to be a false impression deliberately created by the main players, making you feel like you understand the market trends.

In fact, every bull market has moments like this. In the previous bull market after the crash in March 2020, during the second half of 2020, only Bitcoin performed well.

At that time, for those who did not understand the value of the blockchain industry and defined the industry’s value solely by price,

they could not possibly imagine the massive surge from January to April 2021, where many cryptocurrencies increased dozens of times in a month.

By the time they realized what was happening, they had already missed the peak.