BlockBeats News, June 5th, Cryptoquant analyst Crypto Dan wrote that the current 2024-2025 cryptocurrency bull market cycle exhibits different characteristics compared to the 2017 and 2021 bull market cycles. The analysis shows that the current cycle has experienced a phenomenon of "artificial market suppression" after a strong uptrend, which may be a cooling measure taken by large market participants to extend the bull market cycle.
Unlike the 7-8 month consolidation period in the mid-term of the 2017 cycle and the year-long consolidation period at the beginning of 2021 due to the COVID-19 pandemic, the current cycle saw two sharp pullbacks after strong uptrends in 2024. During the consolidation periods from March to November 2024 and January to April 2025, altcoins performed poorly, and market sentiment was significantly affected.
The analysis suggests that this bull market cycle is expected to end with a euphoric stage marked by a massive bubble.
