The four-year cycle includes not only the World Cup but also the bull market in the cryptocurrency space. Previous bull markets are typically divided into six stages:
1. Bitcoin Surge: The mainstream coins that had previously dropped significantly double in value first.
2. Ethereum Catch-up: Ethereum starts to skyrocket.
3. Bitcoin Consolidation: Altcoins begin to rise crazily.
4. MEME Coin Performance Season: Low-quality coins emerge in droves.
5. NFT and Ponzi-style games support: FOMO sentiment reaches its peak.
6. Total Crash: Bitcoin plummets, altcoins crash, low-quality coins go to zero, and the community remembers the crash anniversary.
This round of the bull market did not experience the full chaotic dance; only some altcoins surged wildly, directly entering stage 6.
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