10x Research: This round of cryptocurrency bull market cycle may be shorter than before

BlockBeats news, May 8, 10x Research said on the X platform that the current cryptocurrency bull market cycle may be shorter than previous cycles and is unlikely to climax in a broad altcoin rally. Despite daily trading volumes of more than $100 billion and rapid development and updates of cryptocurrency projects, the industry's growth potential is still greatly limited.

On the other hand, real-time on-chain analysis keeps cryptocurrency traders engaged, in contrast to traditional stock investors who wait for quarterly earnings. However, the challenges facing the cryptocurrency market may limit the breadth and duration of the bull market. In the next ten weeks, nearly $2 billion in token unlocking will continue, which may reduce the market price of altcoins.