Cryptoquant analyst: The current bull market cycle may be deliberately extended, and will eventually usher in a bubble-like frenzy

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ODAILY
06-05
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Planet News: Cryptoquant analyst Crypto Dan wrote that the current cryptocurrency bull market cycle shows significant differences from 2017 and 2021. Although the early stages were similarly accompanied by short-term corrections and rallies, since 2024, Bitcoin has repeatedly experienced strong surges followed by rapid pullbacks, during which Altcoins have generally shown weak performance and market sentiment has been frustrated. He pointed out that this repeated "rise-suppression" pattern might be intentionally created by market leaders to suppress overheated trends and extend the overall cycle duration. This phenomenon was rare in previous bull markets and may indicate that the current cycle could enter an emotion-driven bubble climax stage in the future.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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