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Viewpoint: It is expected that this bull run cycle will end with an exuberant phase marked by a huge bubble.
BlockBeats News, on June 5, Cryptoquant analyst Crypto Dan posted that the current 2024-2025 crypto bull market cycle presents different characteristics compared to the bull market cycles of 2017 and 2021. The analysis shows that the current cycle has seen artificial market suppression after a strong rally, which may be a cooling measure taken by large market participants to prolong the bull market cycle. Unlike the 7-8 month correction period seen in the middle of the 2017 cycle and the year-long correction period due to the pandemic in early 2021, the current cycle enters 2024 and experiences a sharp correction after two strong gains. During the adjustment periods from March to November 2024 and January to April 2025, altcoins underperformed and market sentiment was significantly affected. According to the analysis, the current bull market cycle is expected to end with an euphoric phase marked by a huge bubble.