The crypto market goes through a cycle every four years, divided into five stages:

First stage: Market rebounds from the bottom (This August touched 48000) BTC finally started to rise continuously when retail investors expected it to drop even lower, leading top altcoins to multiply, with hot money quickly switching narratives.

Second stage: Market grows amidst skepticism (Currently) BTC finally breaks through the consolidation area, the bears are continuously washed out, low market cap and low liquidity altcoins are rapidly lifted, and on-chain transactions show many profit opportunities. Projects with strong fundamentals are being chased (sui hits a new high).

Third stage: Market begins to FOMO (A few weeks to a few months later) BTC breaks through the psychological price level of 73000, altcoins face stagnation and even pullbacks, while BTC continues to break previous highs at an unimaginable pace. Then funds flow back to altcoins, leading a surge in many of them. The market is extremely optimistic about certain narratives, with projects that have excellent token designs, strong flywheel effects, and skyrocketing on-chain data seeing the most exaggerated price increases.

Fourth stage: Market peak period (At some point in 2025) Even the vegetable-selling aunties are recommending cryptocurrencies to you, and the whole nation is frantically discussing the great opportunities in the crypto market. A large amount of capital begins to flow into simple MEME projects and extremely marketed low-quality projects. Cherish this stage, which lasts only a very short time; it is also the best time for you to offload your altcoins.

Fifth stage: Market collapse Wealth is once again transferred, and blockchain is deemed a scam!