The Wall Street Cheat Sheet simplifies altcoin cycles, but it’s not the full​ story. Altcoins often follow Bitcoin’s lead—when BTC pumps, alts bleed, and vice versa. Look at historical data: 2017’s altseason kicked off after BTC’s peak, not during a "deeper depression." The chart’s emotional stages apply, but timing and triggers vary wildly for altcoins due to their speculative nature and lower liquidity. Check altcoin/BTC pairs for better insight—they often signal reversals before USD charts do.