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CryptoQuant analyst: This round of Bull Market is likely to reach a cyclical peak in Q1 or at the latest Q2 of 2025
According to a report from Jinse Finance, CryptoQuant analyst Crypto Dan stated in an article on January 6th that the Bull Market starting in January 2023 is likely to reach a cyclical peak in the first quarter of 2025 or at the latest in the second quarter. The article states, 'With a large influx of new investments and additional funds from existing investors, we can reasonably expect that the market is currently in the later stages of this cycle.' The post said: "Therefore, the expectation of a significant increase in Bitcoin and altcoins is still worth looking forward to. However, from a conservative perspective and considering risk management, caution is still advised."