The current cryptocurrency market cycle is being described as particularly challenging, with some commentators suggesting it is worse than previous downturns. Observers note that the market has been in a period of stagnation for six months, which some believe is only the beginning of a prolonged bear market. Comparisons have been drawn to the 2008 financial crisis, with claims that this cycle could be the worst in the history of any asset class. Despite this, there is a belief that the current phase of 'boredom' may precede a new period of euphoria.