The Phases of a Bull Market
Many investors are familiar with the four phases that typically occur during a bull market cycle:
1. Bitcoin Season
Historically, the bull market often starts with Bitcoin leading the way. As the most well-known and established cryptocurrency, Bitcoin tends to attract initial investment during this phase.
2. Ethereum Season
Following Bitcoin’s surge, Ethereum, the second-largest cryptocurrency by market capitalization, usually experiences significant growth. Investors often shift their focus to Ethereum during this phase.
3. Large Caps Outperforming
As the bull market matures, larger cryptocurrencies, known as “large caps,” start to outperform smaller ones. This phase signals a broadening of the market rally as more established coins show strength.
4. The Altseason
Finally, the so-called “altseason” arrives, where alternative cryptocurrencies, or altcoins, see a surge in interest and investment. This phase can bring substantial gains for investors who have diversified their portfolios beyond Bitcoin and Ethereum.
If historical trends hold true, investors can look forward to an exciting and potentially profitable period in the coming months as the bull market progresses.
You’ll love this too: Daily crypto report – 22.07.2025
