Cryptoquant Analyst: Current Bull Market Cycle May Be Deliberately Extended, Ultimately Leading to Bubble Frenzy
Cryptoquant analyst Crypto Dan stated that the current crypto market bull cycle shows significant differences in trends compared to 2017 and 2021. Although the early stages also featured short-term corrections and rises, since 2024, Bitcoin has repeatedly experienced strong surges followed by rapid pullbacks, with altcoins generally showing weak performance and market sentiment being hit.
He pointed out that this repeated "rise-suppression" pattern might be a deliberate effort by market leaders to curb overheated trends, thereby extending the overall cycle duration. This phenomenon was relatively rare in previous bull markets and may indicate that the current cycle will enter a bubble-like climax driven by sentiment in the future.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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