PANews August 29 news, CryptoQuant analyst Crypto Dan stated that the cryptocurrency market cycle is slowing down, and an upward trend is expected in the fall of 2025. Based on the proportion of Bitcoin held for more than a year (based on realized market value), past cycles (Phase One and Phase Two) showed significant market surges reaching their peaks. However, in the current phase (Phase Three), the slope of the upward trend is gradually flattening, and the cycles have become longer.