$ETH The cryptocurrency market moves in cycles, usually consisting of four phases: accumulation, bull trend (bull market), distribution, and bear trend (bear market). During accumulation, smart investors discreetly buy assets at low prices. This is followed by a bull market, where prices soar and public interest grows. Eventually, distribution occurs, where early investors sell to take profits while latecomers buy. Finally, a bear market brings declining prices and fear. So far, many analysts believe we are transitioning from accumulation to the early stages of a bull market, with increasing optimism and growing institutional interest, indicating the start of a new growth cycle.