The cryptocurrency market has faced a series of unexpected events this year, yet since the beginning of the year, most major cryptocurrencies have demonstrated unprecedented stability, surpassing even traditional assets like gold and tech stocks in terms of volatility. However, exceptions exist, such as Bitcoin, which is experiencing abrupt increases in value due to market speculation.

Notably, Bitcoin's growth and signs of recovery in the altcoin market indicate a potential end to the bear market. Despite altcoins reaching their peak in mid-2021 and experiencing over 29 months without significant growth, recent developments, like rumors of a Bitcoin ETF approval by the SEC and geopolitical turbulence, have bolstered market sentiment.

Predicting the bottom of a bear market requires a multifaceted approach involving technical and fundamental analysis, as well as market indicators. Bitcoin plays a crucial role in potentially ending the altcoin bear cycle, as evidenced by its recent surge to $30,000 due to market speculation and rumors of an SEC-approved ETF.

While Bitcoin's bounceback is promising, most altcoins remain at risk during the bear cycle, lacking the market reliability and volatility appetite of Bitcoin. Factors such as bugs in early development stages and market uncertainty contribute to their vulnerability.

To end the bear market, popular cryptocurrencies like Bitcoin and Ethereum must perform well, supported by factors like SEC consideration of Bitcoin ETFs and the upcoming BTC halving event. Investors are advised to conduct thorough research and maintain a long-term outlook, as patience is crucial in navigating market downturns.

Bitcoin's anticipated peaks and key influencing factors, such as ETF approval and the 2024 halving event, suggest a potential strong bull run leading to a new all-time high by the end of the year. However, investors should exercise caution and diversify their portfolios to mitigate risks.

In conclusion, while Bitcoin's recent recovery inspires hope, thorough research and understanding of the cryptocurrency market's volatility are essential for investors. The potential end of the altcoin bear cycle hinges on factors like a BTC ETF approval or the BTC halving event, emphasizing the importance of staying informed and strategic in investment decisions.