Want to know what investment secrets are hidden in the four phases of the cryptocurrency market? Let's dive deep and uncover the market rules!
The cryptocurrency market can be roughly divided into four phases. First, the bear market season, from the peak of the bull market to the bottom of the bear market, where the market generally declines, causing pain for many investors. Next is the consolidation season, from the bottom of the bear market to the starting point of the next bull market, mainly characterized by fluctuations and slight increases. On October 12, 2023, this round of consolidation season began. The third phase is the BTC/ETH season, from the starting point of the bull market to the lowest point of altcoin market share, where there is a general increase, but BTC and ETH surge particularly fiercely, while the market share of altcoins significantly declines. Finally, there is the altcoin season, from the low point of altcoin market share to the peak of the bull market. In this phase, altcoins see incredible gains, ETH performs impressively, and BTC's growth is relatively stable, only at 100%. It is important to note that these phases are estimated based on market capitalization; there may be instances where altcoins increase in market cap without a rise in price. Each phase lasts approximately 9 to 15 months. Currently, the market is in the mid-phase of the BTC/ETH season. Due to the previous consolidation season being relatively short, this round of BTC/ETH season may last a bit longer. Following the pattern of the previous BTC/ETH season ending 8 months after the halving, it has now been 6 months post-halving, suggesting that the bull market is not far away.
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