CryptoQuant warns that the cryptocurrency market is in the later stages of its current bull cycle, urging investors to proceed with caution. The bull run, which began in January 2023, might peak by early to mid-2025. A recent spike in short-term Bitcoin trades suggests a market top could be near, with expectations of substantial gains still open but risk management advised.

In contrast, many analysts predict the bull market will continue through 2025, with Bitcoin potentially reaching $180,000 and Ethereum over $6,000. They foresee record highs and new crypto ETFs in the U.S. by 2025.