\n <\/p>\n
<\/p>\n A survey by CoinGecko reveals that the majority of crypto participants believe the bull run is not over, with significant optimism among investors.<\/p>\n
A recent survey conducted by CoinGecko reveals that the majority of crypto participants maintain a positive outlook on the current market cycle. Despite recent market fluctuations, 81.6% of respondents believe that the crypto bull run is not yet over.<\/p>\n According to the survey, 52.3% of participants estimate that the bull run is still in its early stages, while 29.3% believe it is midway through. In contrast, only 18.4% think the bull market is in its late stage or has already ended.<\/p>\n Investors are particularly optimistic, with 55.5% estimating that the bull run is just beginning or in its early stage, and 28.8% thinking it is in the middle. This adds up to 84.3% of investors who believe the bull run is ongoing. Traders and builders are slightly more cautious, with 78.6% of traders and 74.9% of builders sharing this sentiment.<\/p>\n The detailed breakdown of opinions among investors, traders, builders, and spectators is as follows:<\/p>\n Newcomers and veteran crypto participants share similar views on the market’s current state. Estimates for the starting or early stages of the bull run were made by 52.7% of participants in their first cycle (0 to 3 years of crypto experience), 52.2% of those in their second cycle (4 to 7 years), and 51.8% of those in their third cycle or beyond (8 or more years).<\/p>\n However, a higher percentage of veterans (23.4%) believe the market is in its late or ending stages, compared to 17.6% for both first and second cyclers.<\/p>\n In a separate question on market beliefs, 60.4% of participants agreed with the statement, \u201cWe have not yet peaked for this cycle; the market will go up again.\u201d This is nearly three times more than the 21.3% who believe, \u201cWe are in a supercycle, so the market will continue pumping.\u201d<\/p>\n A combined 81.7% of participants believe the market will see a bullish continuation, either because crypto has yet to peak or has entered a supercycle. This further reinforces the consensus that the current crypto bull run is not over and still has potential for growth.<\/p>\n The remaining responses include 8.1% who think, \u201cWe have already peaked for this cycle; the market will only go down from here,\u201d 6.1% who believe, \u201cWe are near the peak now; it\u2019s time to take profits and exit the market,\u201d and 4.1% who stated, \u201cI’ve been sidelined, so I don’t care.\u201d<\/p>\n Interestingly, 66.7% of second cyclers believe the current cycle has yet to peak, compared to 55.2% of first cyclers and 58.9% of third cyclers or beyond. However, second cyclers are more skeptical about the supercycle theory, with only 18.3% endorsing it.<\/p>\n The study analyzed the responses of 2,558 crypto participants in the anonymous CoinGecko Post-Halving Sentiment Survey conducted from June 25 to July 8, 2024. The survey should be considered indicative rather than definitive.<\/p>\n Among the participants, 69% identified as crypto investors with long-term holdings, 18% as traders with shorter-term holdings, 7% as builders, and 6% as sidelined spectators. In terms of experience, 46% were in their first cycle, 41% in their second cycle, and the remaining were veterans with over eight years in the crypto space. Geographically, 90% of participants were based in Europe, Asia, North America, and Africa, with the rest in Oceania or South America.<\/p>\n For more information, visit the original CoinGecko<\/a> article.<\/p>\n
\n Felix Pinkston<\/a>
\n Jul 14, 2024 03:01<\/span>
\n <\/p>\n
\n
\n ![\"Crypto](\"https:\/\/image.blockchain.news:443\/features\/DC3788979712BF4DFF603597AAC46E7C52F8B5EF76BC21453D757F37CDB271FE.jpg\")
\n <\/a>
\n <\/figure>\nIs the Crypto Bull Run Over?<\/h2>\n
\n
\n Participation<\/th>\n Start of bull market<\/th>\n Early stage<\/th>\n Middle<\/th>\n Late stage<\/th>\n End of bull market<\/th>\n<\/tr>\n \n Investors<\/td>\n 25.1%<\/td>\n 30.4%<\/td>\n 28.8%<\/td>\n 9.6%<\/td>\n 6.1%<\/td>\n<\/tr>\n \n Traders<\/td>\n 25.1%<\/td>\n 20.5%<\/td>\n 33.0%<\/td>\n 10.8%<\/td>\n 10.6%<\/td>\n<\/tr>\n \n Builders<\/td>\n 27.3%<\/td>\n 19.3%<\/td>\n 28.3%<\/td>\n 17.1%<\/td>\n 8.0%<\/td>\n<\/tr>\n \n Spectators<\/td>\n 24.2%<\/td>\n 20.0%<\/td>\n 24.8%<\/td>\n 13.3%<\/td>\n 17.6%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n Experience and Market Sentiment<\/h2>\n
\n
\n Experience<\/th>\n Start of bull market<\/th>\n Early stage<\/th>\n Middle<\/th>\n Late stage<\/th>\n End of bull market<\/th>\n<\/tr>\n \n 1st cycle<\/td>\n 27.5%<\/td>\n 25.2%<\/td>\n 29.7%<\/td>\n 10.4%<\/td>\n 7.3%<\/td>\n<\/tr>\n \n 2nd cycle<\/td>\n 23.0%<\/td>\n 29.2%<\/td>\n 30.2%<\/td>\n 10.9%<\/td>\n 6.7%<\/td>\n<\/tr>\n \n 3rd cycle & beyond<\/td>\n 24.3%<\/td>\n 27.5%<\/td>\n 24.9%<\/td>\n 10.4%<\/td>\n 13.0%<\/td>\n<\/tr>\n<\/table>\n<\/div>\n Future Market Expectations<\/h2>\n
Survey Methodology<\/h2>\n