Bull markets usually follow a four-stage script:
1️⃣ Major coin sucking period: BTC market share rises, funds flow back from altcoins, showing a "index rises while individual stocks fall" seesaw effect
2️⃣ Mainstream takeover period: ETH carries hot altcoins to start, sector rotation accelerates, leading altcoins show "ladder-like surge" characteristics
3️⃣ Comprehensive carnival period: Excess liquidity drives a broad market rally, MEME coins perform "hundredfold myths", air coins "take off with a poke"
4️⃣ Risk release period: Leveraged funds exit, mainstream assets correct by 30%-50%, altcoins experience "ankle cuts"
▶️ After breaking the historical high last December, BTC is constructing a "ladder-like upward" pattern, with each pullback serving as a springboard for hitting higher levels
▶️ Ethereum has been consolidating since last year's high of 4100, with a technical "demand for catch-up", though attention is needed on fundamentals like the Shanghai upgrade
▶️ The altcoin market shows "structural opportunities", lacking the "indiscriminate surge" of 2021, testing the ability to choose coins
1️⃣ A pullback is not a bear market signal, but a "golden pit" layout opportunity,
2️⃣ The catch-up logic for Ethereum is worth noting, but needs to be validated with fundamentals like L2 ecosystem progress and ETF expectations
3️⃣ Altcoin allocation advice suggests "grab the big, let go of the small", focusing on projects with real users/technology implementation, staying away from purely speculative targets
Remember: Bull markets often see sharp declines, bear markets often see sharp rises. In the current market environment, it's important not to panic excessively due to pullbacks, nor to blindly FOMO; maintaining a contrarian mindset of "buying on big dips, not selling on big rises" is more crucial.
