Editor's PiCK
[Analysis] "The 2024-25 Virtual Asset Bull Cycle Shows a Pattern Different from the Past"
Summary
- It is analyzed that the 2024-25 virtual asset bull cycle is showing a distinctly different pattern from previous cycles.
- It was noted that, in contrast to the past, this cycle repeatedly experiences brakes being applied.
- Attention should be paid to the possible presence of forces suppressing overheating in the market, and to the possibility that a larger bubble may emerge before the cycle ends.
It has been analyzed that the 2024-25 bull cycle is showing a pattern distinctly different from previous cycles.
On the 5th (local time), Crypto Dan, an analyst at CryptoQuant, stated, "The 2017 and 2021 cycles displayed a typical structure where strong gains followed corrections, but this cycle is repeatedly experiencing 'brakes' after sharp rises."
He particularly pointed out that since this cycle does not follow the same patterns as before, we should pay attention to the possibility of intentional suppression within the market, rather than making simple comparisons. That is, there may be forces trying to curb overheating, and rather than an early end to the cycle, it is likely to reach an even larger bubble and a stage of euphoria before coming to a close.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
