According to online reports, Cryptoquant analyst Crypto Dan issued an article saying that the current 2024-2025 cryptocurrency bull market cycle shows different characteristics compared with the 2017 and 2021 bull market cycles. Analysis shows that the current cycle has experienced "artificial market suppression" after a strong rise, which may be a cooling measure taken by large market participants to prolong the bull market cycle. Unlike the 7-8-month adjustment period that occurred in the middle of the 2017 cycle and the year-long adjustment period caused by the COVID-19 epidemic in early 2021, the current cycle has experienced two strong rises and a sharp correction after entering 2024. During the adjustment period from March to November 2024 and January to April 2025, altcoins performed poorly and market sentiment was significantly affected. Analysts believe that this round of bull market cycle is expected to end with an exciting stage marked by a huge bubble.