According to crypto analysts, the bull market has yet to taper off.

While the recent crypto market price movements are creating excitement in the crypto community, crypto analysts state that these movements are only used as a prelude to a bull market.

Describing the current state as an ‘appetizer', analysts suggest it offers a taste of what's to come.

Crypto analysts predict the arrival of a bull market.

On X (formerly Twitter), both Myles Docher and The Lady of Crypto took to their respective accounts to remind their large followings that the current crypto landscape does not indicate a bull market.

They emphasized that there is still room for further developments. Miles Docher told his 371,100 followers that the best is yet to come for crypto investors.

“You think that's action? That's what real action looks like. It's just the recipe for what we're experiencing right now.”

Meanwhile, in a similar statement, the Lady of Crypto told her 426,900 followers, “This is not a bull market, this is food.”

At the time of going to press, the price of Bitcoin has reached $36,096.

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Recent speculation has fueled speculation of a bull market.

Recent developments and speculation strongly suggest the possibility of a near-term bull market.

In particular, ongoing discussions in the crypto community regarding the approval of the Bitcoin Spot ETF have attracted a lot of attention.

If approved, these ETFs could pave the way for institutional funds to enter the Bitcoin market. This can result in favorable price volatility.

Additionally, the Fear Greed Index, a metric measuring market sentiment, is currently higher than usual. According to the latest update, the index is recorded at 70 out of 100.

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