The start of each bull market often has some common characteristics:
Early bull market: Bitcoin (BTC) slowly rises first, standing out on its own, driving Ethereum (ETH) to rise in sync. At this stage, quality mainstream coins start to follow the uptrend, while other coins move up gradually, with only a few Altcoins performing well, such as the meme, AI sector and the Solana (SOL) ecosystem in this bull run. However, most Altcoins perform flat or almost no fluctuation at this stage.
Mid-bull market: Bitcoin and Ethereum fluctuate and rise, mainstream coins gradually enter a strong performance phase, with overall significant gains. At the same time, a large number of Altcoins start to gradually ignite, showing a broader market activity.
Late-bull market: Bitcoin enters a volatile downward phase, Ethereum as the Altcoin leader may continue to surge, mainstream coins reach their peaks one by one, and the popular Altcoins of the next bull market surge by multiple times or even tens of times, forming the final frenzy phase.
Currently, the market is clearly in the transition from the first stage to the second stage. At this time, many people's valuable coins may not be able to outperform BTC or ETH, let alone surpass the gains of hot coins like Dogecoin and Frog. Even doubling the opportunity is rare. This stage is easy to make people anxious, frequently chasing the rise and fall or switching positions, and ultimately missing the main upward wave. The situation of experiencing a bull market but not making a profit or even losing money is a common result caused by this mentality.
In fact, this phenomenon occurs in every bull market. Therefore, it is important to firmly make your own judgment, select valuable targets, and hold patiently, rather than blindly switching cars. Market rotation will always come, and each target has its own time to shine. The wheel of fortune turns, and by persisting in holding, you can get the due returns in the bull market.
3 hot Altcoins to enter the market after the big bull market starts!
PEPE
PEPE has performed outstandingly recently, especially on November 14th, reaching a historical high of $0.00002524, but then fell back to $0.00002026, down 5.87% in the past 24 hours. The token has broken through the cross of the 50-day and 200-day moving averages, which is often seen as a potential bullish signal.
In the past month, PEPE's price has risen 15 times, with half of the time showing a steady upward trend. The Greed & Fear Index is currently at an extremely high level of greed, with a score of 94, reflecting a positive market sentiment. However, the 14-day Relative Strength Index (RSI) is 42.74, indicating that PEPE's price is neither overbought nor oversold, and it may enter a sideways consolidation phase in the short term.
RAY
Raydium is a decentralized automated market maker (AMM) and liquidity provider based on the Solana blockchain, committed to providing fast and low-cost transactions. The platform recently listed on the well-known Korean cryptocurrency exchange Bithumb, driving its price to rise by 10%. Raydium's current price is $5.90, with an intraday gain of 6.04%.
In the past 24 hours, Raydium's price has fluctuated between $5.73 and $6.49, with a trading volume of $214 million and a market capitalization of $1.7 billion. Furthermore, Raydium's price is far above the 200-day simple moving average of $0.296, with a price deviation of 1,961.27%, indicating a strong upward momentum.
AAVE
Aave is currently considering integrating with the Bitcoin second-layer network Spiderchain developed by Botanix Labs. The proposal aims to connect the Ethereum DeFi ecosystem with the Bitcoin network, providing opportunities for users of both communities to participate in new financial activities.
Spiderchain focuses on attracting Bitcoin investors, especially those who are first-time on-chain traders. By integrating Aave's lending and liquidity services, Bitcoin holders can access decentralized finance tools without leaving their native ecosystem. This move is expected to bridge liquidity from Ethereum to Bitcoin, thereby promoting interaction between the two networks.
