In the crypto market, each round of bull markets has a fixed rhythm.
Understanding this rhythm is much more important than just watching the market—because it tells you where the funds are focused, and where you should position yourself.
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One, A Bull Market is a Relay Race, Not a Sprint
Looking back at several rounds of market trends, the rhythm has hardly changed:
1. First leg: BTC
• The largest volume and highest consensus, attracting institutional funds to enter first.
• In this round, BTC has surged from around $100,000 at the end of last year to over $120,000, completing the 'market stabilizer' task.
2. Second leg: ETH
• After BTC stabilizes at a high level, funds will look for targets with higher elasticity.
• ETH this year has shown a typical emotional reversal: the low point in April was about $1400, and during the rebound to $2500 in June, it was still 'hated by everyone', but then it rose and broke through $4300, just a step away from the historical high of $4800.
3. Third leg: Altcoins
• Small volume and high volatility, once started, it leads to high-multiple trends.
• The main surge of altcoin trends usually lasts only 1-2 months, and it's hard to chase after it's over.
• In 2021, SOL, ADA, and DOT all surged shortly after ETH consolidated at high levels.
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Two, Current Position
• BTC has stabilized at a high level, repeatedly testing the 120,000 - 130,000 range.
• ETH has entered a high range, beginning to attempt to hit historical highs.
• The altcoin index is still around 30, and most coins have not yet been ignited by large funds, which means the real 'altcoin season' is still brewing.
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Three, Signals for Altcoin Market Activation
1. ETH breaks through or stabilizes at historical highs (4800+).
2. BTC and ETH are consolidating at high levels, with reduced volatility.
3. Secondary mainstream (such as DOT, SOL) suddenly sees a significant volume increase, with daily gains over 10%, and continues for several days.
Historically, once these three conditions occur simultaneously, altcoins usually see a widespread surge within two weeks.
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Four, Why Wait for the Rhythm
The strategies of major players are simple:
• First, build market confidence with BTC and ETH, allowing institutions and big players to step in.
• Use altcoins to boost sentiment, allowing retail investors to flood in, completing the offloading.
If you used all your bullets during the BTC phase, you would miss out on high-multiple opportunities in the second half;
If you heavily invested during the altcoin stage, it's easy to end up buying at the peak.
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Five, Conclusion
The current market is still in the stage of ETH taking over; the altcoin season hasn't truly started yet.
Moving forward, what you should focus on is not how much BTC fluctuates daily, but whether ETH can stabilize at a high level and whether it can drive the secondary mainstream to increase volume.
When social media and news outlets start overwhelming reports about the 'altcoin doubling wave', that's when you really need to consider 'getting off the bus'.
