On October 3, CMC Research, the research department of CoinMarketCap (CMC), said in its third-quarter market research report released today that it believes that Bitcoin's bull market cycle is accelerating, and this round of bull market is 100 days earlier than the typical four-year cycle. This round of bull market is expected to peak in mid-May to mid-June 2025. Although there is some acceleration in the early stage, there are signs that infrastructure growth is slowing, which may indicate that broader market dynamics are changing.