#OnChainLendingSurge The cycles in the cryptocurrency market are a recurring phenomenon that significantly influences investments.

What are crypto market cycles?

They are regular patterns of rises and falls in cryptocurrency prices that repeat over time. These cycles usually last around 4 years and consist of several phases.

Phases of a crypto cycle:

* Accumulation:

* Characteristics: Low trading volumes, little general interest, and relatively low prices.

* Comparison: Similar to buying on sale.

* Growth:

* Characteristics: Increased interest, higher trading volume, and rising prices.

* Comparison: Like the launch of a rocket.

* Distribution:

* Characteristics: All-time highs, high volatility, and early signs of exhaustion.

* Comparison: The peak of the mountain.

* Cooling:

* Characteristics: Price decline, negative sentiment, and search for new lows.

* Comparison: The crypto winter.