According to Odaily, CryptoQuant analyst Crypto Dan suggested in a January 6 article that the bull market, which began in January 2023, is likely to reach its cyclical peak by the first quarter of 2025, or at the latest, by the second quarter. The article noted that with a significant influx of new investments and additional funds from existing investors, it is reasonable to expect that the market is currently in the later stages of this cycle. Consequently, substantial increases in Bitcoin and altcoins remain anticipated. However, from a conservative standpoint and considering risk management, caution is advised.