Whether the market is in a bull market continuation phase as of March 16, 2025, is debatable. Bitcoin’s $84,000 level and a $2.85 trillion crypto market cap reflect a 45.7% Q4 2024 surge, per X posts, suggesting mid-cycle momentum akin to Stan Weinstein’s Stage 2 uptrend. Historical patterns—like the 2009-2020 bull run—show continuation phases with consolidation before new highs, and a symmetrical triangle hints at a $3.34 trillion potential. However, a Fear and Greed Index near 49 and Bitcoin dominance at 58% indicate cooling euphoria, possibly signaling a late-stage pause. Macro risks, like Fed rate hikes, could disrupt this, but institutional inflows support ongoing growth. It leans toward continuation, not exhaustion, yet vigilance is key.