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The crypto cycle refers to the repeating pattern of boom and bust in the cryptocurrency market. It typically begins with a bull market, driven by hype, innovation, and increased investor interest, leading to rapid price increases. This is followed by peak euphoria, where prices hit all-time highs and media attention is at its peak. Next comes the correction or crash, where prices drop sharply due to overvaluation or negative news. This leads to a bear market, marked by fear, low prices, and reduced trading activity. Eventually, as technology improves and confidence returns, accumulation starts, and the cycle resets with a new bull run.